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Contractionary monetary policy on the part of the Fed results in
Listening Process
The active engagement in hearing and trying to comprehend the message being conveyed by another party.
Listener's Culture
The cultural background and context of the audience, which influences their interpretation and reception of communication.
Effective Listening
The active and intentional process of giving full attention to the speaker, understanding the message, responding appropriately, and retaining the information communicated.
Selective Perception
The method whereby people notice only the parts of media messages that align with their preferences, while disregarding any contrary opinions.
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