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Explain how having power alters the high-power person.
Interest Rates
The cost of borrowing money or the return on investments, typically expressed as a percentage of the principal amount.
Investment
Spending on business capital, residential capital, and inventories
Short-Run Phillips
A concept in economics that illustrates an inverse relationship between the rate of unemployment and the rate of inflation over the short term.
Expansionary Monetary
Refers to a policy aimed at increasing the money supply in order to stimulate economic activity, typically adopted by a central bank to foster economic growth.
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