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Monetary policy is more effective when:
Sensorimotor Substage
A stage in Jean Piaget's theory of cognitive development, occurring from birth to approximately age 2, where infants learn through interacting with their environment using their senses and motor actions.
Secondary Circular Reactions
A substage in Piaget's sensorimotor stage characterized by the repetition of actions that produce interesting consequences.
Primary Circular Reactions
Early repetitive behaviors of infants, focused on the infant’s own body, that serve as the building blocks of sensory and motor development.
Tertiary Circular Reactions
The stage in Piaget's theory of cognitive development where infants aged 12 to 18 months demonstrate trial and error experimentation, showing a more sophisticated understanding of cause and effect.
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