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Explain how the use of leading economic indicators to predict recessions can lead to less accurate policy decisions.
Carl Rogers
An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will, self-actualization, and empathy in personal development.
Abraham Maslow
A psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.
Cognitive Psychology
A branch of psychology focused on the study of mental processes such as perception, memory, thought, and problem-solving.
Mental Processes
The internal, covert activities of the mind, such as thinking, feeling, and problem-solving, that are not directly observable.
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