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While leadership involves both rational and emotional sides of human experiences,aroused feelings cannot be used constructively.
Inflationary Expectations
The anticipation of future inflation rates, influencing economic decisions and behavior.
Discretionary Policy
Economic policies based on ad hoc decisions by the government or monetary authorities to influence the economy, such as changes in spending or taxation.
Inflationary Expectations
The anticipation by consumers and businesses of future inflation, which can influence economic behavior such as spending, saving, and investment.
Potential GDP
The maximum output an economy can produce without triggering inflation, if all resources are fully employed.
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