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Contact theory argues that under certain conditions interactions between Whites and members of minority groups will reduce prejudice within both groups.This theory is a type oftheory.
Federal Reserve System
The central banking system of the United States, responsible for setting monetary policy, including regulating interest rates and managing the country's money supply.
Nationally Chartered Banks
Financial institutions that operate under a charter granted by the federal government, allowing them to provide banking services across the nation.
Money Supply
The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts, which can affect inflation and economic growth.
Increasing Rate
A situation where the pace or percentage of a certain variable, such as growth, inflation, or interest, is rising.
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