Examlex
Which of the following tools of monetary policy is flexible and able to affect bank reserves quickly and by relatively specific amounts?
Deliberate System
A deliberate system involves processes and structures intentionally designed and maintained to achieve specific goals or outcomes.
Belief Perseverance
Belief perseverance is the tendency to maintain a belief even after the evidence supporting it has been debunked or contradicted.
Cognitive Dissonance
A psychological phenomenon where an individual experiences mental discomfort from holding contradictory beliefs, attitudes, or values.
Self-Blame
The act of attributing personal failures or mistakes to one's own deficiencies or actions.
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