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Suppose That U

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Suppose that U.S. citizens start saving more. What does this imply about the supply of loanable funds and the equilibrium real interest rate? What happens to the real exchange rate?


Definitions:

Positive Psychology

a branch of psychology focusing on the study of positive emotions, characteristics, and states that contribute to one's well-being and happiness.

Social Learning Theorists

Researchers and theorists who emphasize the importance of observing, mimicking, and modeling behaviors, attitudes, and emotional reactions of others in learning.

Radical Behaviorists

Radical behaviorists focus on the study of observable behavior, emphasizing the role of the environment in shaping behavior and usually dismissing the importance of internal mental states.

Neo-Freudians

Psychologists who accepted Freud's basic ideas but modified them to include social and cultural factors.

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