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In the aggregate demand and aggregate supply model,
Formal Reasoning
The process of thinking logically and systematically about abstract concepts and problems, often associated with the ability to apply rules and principles to new situations.
Drawing Conclusion
The act of making a judgment or decision based on the analysis and synthesis of data or information.
Dialectical Reasoning
A method of argument that involves a process of logical reasoning and dialogue to explore contradictions and opposing viewpoints.
Heuristics
Mental shortcuts or rules of thumb that simplify decision making.
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