Exhibit 17-1 in Exhibit 17-1, the Equilibrium Level of Output

question 198

Multiple Choice

Exhibit 17-1 In Exhibit 17-1, the equilibrium level of output determined by private decisions is

• A)0 units
• B)100 units
• C)between 100 and 160 units
• D)160 units
• E)the answer cannot be determined from the information given

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Definitions:

Jurgen Habermas

A German philosopher and sociologist known for his theory of communicative rationality and the concept of the public sphere.

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, and experiences.

Legitimations

The processes or reasons presented to justify actions, beliefs, or systems, especially concerning their conformity to social norms or values.

Ideology

A system of ideas, beliefs, and values that reflects the social needs and aspirations of an individual, group, class, or culture.