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In 1971, in an effort to curb inflation, President Nixon:
Systems Theories
A holistic approach to analysis that focuses on the way that a system's constituent parts interrelate and how systems work over time within the context of larger systems.
Cognitive Approaches
Psychological theories focusing on how people process information, think, learn, and remember, influencing behavior and emotional responses.
Biological Models
These are frameworks used to explain behaviors and mental states through biological factors, such as genetic, neurological, and physiological processes.
Correlation Coefficient
A statistical measure that indicates the extent to which two or more variables fluctuate together.
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