An Openness to Diversity Along with an Ability to Pull

question 46

Short Answer

An openness to diversity along with an ability to pull ideas together across boundaries created by that diversity are the foundation of a __________________.

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Definitions:

Rational Expectations Theory

A principle that asserts that outcomes will not systematically deviate from what people expected them to be, because individuals use all available information to make forecasts.

Fed

Short for the Federal Reserve System, it's the central banking system of the United States responsible for monetary policy.

Discretionary Fiscal

Fiscal policies involving government spending and taxation that are at the discretion of the government and are used to influence the economy.

Economic Stabilization

Actions by governments or central banks to maintain economic growth, control inflation, and reduce unemployment.