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The ECB's Focus on Restraining Inflation Is, in Large Part

question 7

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The ECB's focus on restraining inflation is, in large part, a result of:


Definitions:

Émile Durkheim

A French sociologist known for his foundational contributions to the study of social order, religion, and suicide.

Opium Of The People

A metaphor used by Karl Marx to describe religion's role in society, suggesting it is a way of providing people with consolation that detracts from the realities of their oppression.

Karl Marx

A philosopher, economist, and revolutionary socialist from the 19th century known for his theories about capitalism and communism.

Working Class

A social group consisting of people employed in low-skilled or manual labor occupations, often associated with lower socioeconomic status.

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