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The net-export effect of contractionary monetary policy is a(n)
Conscious Thought
The state of being aware of one's own existence, sensations, thoughts, surroundings, and the ability to actively process this information.
Classical Conditioning
A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.
Behaviorism
Behaviorism is a theory of learning which states that all behaviors are acquired through conditioning, emphasizing the role of external stimuli and responses without considering thoughts or feelings.
Mental Explanations
Interpretations or reasons provided to understand behaviors or phenomena, focusing on psychological, rather than physical or external, factors.
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