Examlex
In the late 1960s,the Friedman-Phelps "natural rate hypothesis" predicted from the microeconomic structure of the labor market that the long-run Phillips Curve is ________,while macroeconomic events caused a very ________ acceptance of this change in aggregate supply theory.
Affect Heuristic
A mental shortcut that influences the way people make decisions based on their emotions and feelings.
Loss Aversion
A behavioral finance concept that describes the tendency for people to prefer avoiding losses to acquiring equivalent gains.
Financial Markets
Platforms or environments where buyers and sellers trade financial securities, commodities, and other fungible items of value.
Behavioral Finance
Behavioral Finance studies how psychological influences and biases affect the financial behaviors of investors and financial practitioners.
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