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What are the advantages of the Fed choosing a change in the interest rate over a change in the money supply in order to close inflationary or recessionary gaps in the economy?
Behavior
The behavior or responses of a person or system when influenced by external or internal factors.
Stereotypes
Oversimplified generalizations about a group of people that often do not consider individual differences and can lead to biased judgments.
Prejudice
Preconceived opinion or bias against a person or group without sufficient justification.
Social Psychology
The scientific study of how individuals think, influence, and relate to one another within a societal context.
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