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Argentina's currency board ran into trouble when the country went into a recession. Explain the problem in terms of monetary policy.
Self-efficacy
Someone's conviction in their competence to perform tasks needed for certain achievements.
Reciprocal Determinism
A concept in psychology that posits an individual's behavior is both influenced by and influences their personal factors and the environment.
Spotlight Effect
The belief that others pay more attention to our appearance and behavior than they actually do.
Self-efficacy
An individual’s belief in their capacity to execute behaviors necessary to produce specific performance attainments.
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