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Why Is the Zero Lower Bound on Interest Rates a Serious

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Why is the zero lower bound on interest rates a serious problem?


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Divine Laws

Rules or norms believed to emanate from a supernatural source, governing moral and ethical behaviors.

Capitalism Shaped Society

The impact of capitalist economic systems on the organization, values, and social relations in a society.

Social Laws

Norms and rules that govern behavior within a society, often formalized into legal codes and regulations.

Human Behavior

The range of behaviors exhibited by humans and which are influenced by culture, attitudes, emotions, values, ethics, authority, rapport, hypnosis, persuasion, coercion, and/or genetics.

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