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Why is the credibility of the U.S.Federal Reserve's policy announcements around using quantitative easing to improve unemployment in the aftermath of the 2007-2009 recession particularly important?
Deficit Beliefs
The perspective that individuals or groups are lacking in certain areas compared to a perceived norm, leading to disadvantages.
Cultural Insensitivities
Refers to actions or behaviors that show a lack of awareness or respect for other people's cultures and traditions, often leading to misunderstanding and offense.
Cultural Discontinuities
Gaps or inconsistencies that arise when different cultural backgrounds lead to misunderstandings or conflicts in values, expectations, or behaviors.
Unexamined Assumptions
Preconceived notions or beliefs that are accepted without questioning or critical analysis.
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