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The average channel velocity increases downstream where the gradient is lower.
Stabilization Policy
Economic strategies and actions taken by governments or central banks to stabilize an economy, aiming to reduce fluctuations in the business cycle and ensure steady growth.
Weather The Storm
A metaphor describing the ability to endure or survive through difficult or challenging times.
Time Inconsistent
When preferences change over time in such a way that what is preferred at one point in time is inconsistent with what is preferred at another time.
Central Bankers
Officials responsible for controlling a country's money supply and monetary policy, often through a central bank.
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