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When the Fed adopts an expansionary monetary policy:
Threat Of Rejection
The potential or perceived risk of having an offering, proposal, or application denied or refused.
Time Inconsistency
The tendency for people to change their plans about future actions due to a lack of alignment between their short-term desires and long-term goals.
Present Self
The concept of one's current identity or self-perception at the present moment.
Future Self
The concept of envisioning oneself in the future, often used in psychology and financial planning to motivate current actions that benefit one's future.
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