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The Focus of the Short-Run Macro Model Is on the Role

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The focus of the short-run macro model is on the role of


Definitions:

Common Perceptions

Widely shared viewpoints or attitudes among a group of people regarding a particular issue or situation.

Shared Values

Core beliefs or principles that are collectively regarded as important by members of a group, organization, or society.

Common Cultural Assumptions

are the shared beliefs and values that are implicitly understood and followed by members of a particular culture.

Geert Hofstede

A Dutch social psychologist best known for his research on cross-cultural groups and organizations, especially for his theory of cultural dimensions.

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