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When contractionary monetary policy increases the interest rate, it causes the price level to:
Motives
Internal states or desires that drive individuals to take actions towards achieving specific goals.
Performance Goal
An objective centered around achieving a specific standard of proficiency on a task, often within a predetermined time frame.
Avoiding Criticism
A behavior or strategy aimed at preventing or minimizing negative feedback or judgment from others.
Risky Sexual Behaviors
Actions that increase the likelihood of contracting sexually transmitted infections and/or lead to unintended pregnancies, often due to lack of protection or informed consent.
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