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Last Week, the Reserve Bank Took Steps to Lower Interest

question 30

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Last week, the reserve bank took steps to lower interest rates by one percentage point. This means that

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Definitions:

Ego Support

Psychological support or reinforcement which strengthens an individual's sense of self-esteem or self-importance.

Gottman

John Gottman is a professor emeritus in psychology known for his work on marital stability and relationship analysis through scientific direct observations.

Social Comparison

The process by which individuals evaluate their own abilities, achievements, and conditions in relation to others, often to assess self-worth or social status.

Providing Information

The act of supplying facts, data, or knowledge to someone.

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