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The lower a bond's default risk, the higher is the interest rate.
Unstable Across
The variability of a trait or behavior in different situations or over time, indicating a lack of consistency.
Social Relations
The connections and interactions between individuals or groups, affecting and shaping societal structures and individual behaviors.
Cultural Context
The environment or situation that is relevant to the beliefs, values, and practices of the culture in which a person operates.
Cultural Biases
Refers to the tendency to interpret or judge phenomena based on one's own cultural norms and values.
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