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Discuss Hofstede's masculinity-femininity dimension and provide examples of masculine and feminine cultures.
Current Consumption
The total amount of goods and services consumed at the present time, as opposed to savings for future consumption.
Time Preference
The inclination of individuals to prefer goods and services sooner rather than later.
Rational Expectations
The hypothesis that individuals form predictions of the future based on available information and act on those predictions rationally.
Consumption Goods
Goods that are purchased by consumers for the purpose of consumption and not for resale.
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