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What are rational expectations,and how might rational expectations make monetary policy ineffective?
Motivation
The process that initiates, guides, and maintains goal-oriented behaviors.
External Factors
Elements outside an organization or individual that can affect their performance or decision-making process.
Stereotyping
Assigning generalized attributes to individuals based on their membership in a particular group, without acknowledging individual differences.
Projection
A psychological defense mechanism where individuals attribute their own unacceptable thoughts, feelings, or motives to someone else.
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