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According to the Taylor rule, if real GDP rises by 1 percent above potential GDP, the Fed should raise:
Emotional Intelligence
The skill to discern, grasp, regulate, and think critically about personal emotions and those of other people.
Creativity
The ability to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.
Convergent Thinking
A cognitive process in which a person seeks a single, correct solution to a problem.
Stereotype Threat
The risk of confirming negative stereotypes about an individual's racial, gender, or ethnic group, which can impair their performance in various activities.
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