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The decomposition of the nominal interest rate into the sum of the expected real interest rate and the expected rate of inflation is known as the
Situationism
A theory in psychology that suggests human behavior is largely determined by situational factors, rather than internal traits.
Personality Traits
Enduring characteristics that describe an individual's behavior.
Walter Mischel
A psychologist known for his research on personality theory and cognitive-affective models of behavior, including the famous marshmallow test on delayed gratification.
Reciprocal Determinism
A concept in psychology proposing that a person's behavior is influenced by and influences both their environment and personal characteristics.
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