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The "real business cycle" (RBC) model adapts the Lucas model by replacing its assumption of
Ethnic Self-conception
An individual's understanding and identification with their ethnic group, encompassing a sense of belonging, culture, and heritage.
Social Context
The environment of people, cultures, and institutions in which individuals interact, shaping their behaviors and experiences.
Transnational Community
describes a group of people with shared identity or purpose that transcends national boundaries, often maintained through digital communication.
Indigenous Peoples
Ethnic groups who are the original inhabitants of a territory, having distinct cultures and social structures before colonization or amalgamation.
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