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Frank has discovered that his employer is part of a group of banks that is manipulating interest rates. He would like to stop this practice at his employer but is not sure how best to talk to his boss. He has heard of the GVV (Giving Voice to Values) approach and thinks he may be able to use it successfully because his company has recently implemented new initiatives to empower employees to speak of improvements to business practices. Frank has crafted a useful, powerful response that he could use, taking into account multiple options. He has conducted research to make him more informed on the issue, and has consulted a friend who is expert in this area. What is the next thing he should do before talking to his boss?
Budget Deficit
The financial situation where a government's expenditures exceed its revenues within a specified period.
Flow Variable
A quantity measured over a specified period of time, indicating the rate of change in a variable.
Stock Variable
A quantity measured at a specific point in time, representing a snapshot of a certain value, such as the amount of money in a savings account.
Stagflation
A situation in an economy where there is a combination of stagnant economic growth, high unemployment, and high inflation.
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