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Contractionary Effects on the Rate of GDP Growth Are Always

question 114

True/False

Contractionary effects on the rate of GDP growth are always a by-product of other countercyclical policies.


Definitions:

Positive Illusions

Unrealistically favorable attitudes that people have towards themselves or situations in their lives.

Nondepressed People

Individuals who do not exhibit symptoms of depression and generally maintain a regular, stable mood.

Self-Esteem

A person's personal assessment of their own importance or merit.

Low Self-Esteem

Refers to a person's belief that they are not worthy or do not measure up to others' or their own standards.

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