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The optimal time for the implementation of contractionary fiscal policy would be
Highly Subjective
Dependent on or influenced by personal feelings, tastes, or opinions, lacking an objective standpoint.
Precise Reaction Times
The time period taken to respond to a specific stimulus with great accuracy, often measured in cognitive and motor tasks.
William James
An American philosopher and psychologist, often referred to as the "Father of American psychology," known for his work in pragmatism and functional psychology.
True Purpose
The actual reason behind an action or an existence, not always visible or declared.
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