Prior to the 1970s, the Model of Choice Was the Aggregate

question 90

Multiple Choice

Prior to the 1970s, the model of choice was the aggregate expenditures model. According to
This model, if the economy was in equilibrium at an income greater than the full employment level, then the primary economic problem would be

• A) excessive bank lending.
• B) potential crises in financial markets.
• C) inflation.
• D) excess aggregate demand.

---

Definitions:

Hearing Voices

The phenomenon of perceiving sounds or voices in the absence of an external auditory stimulus, often associated with certain mental health conditions.

Misdiagnosed

Incorrectly identified as having a particular disease or condition, potentially leading to inappropriate treatment or misunderstanding of one's health status.

Sociocognitive Model

A theoretical framework suggesting that social and cognitive factors play a significant role in the development and maintenance of disorders.

Dissociative Identity Disorder

A complex psychological condition that involves the presence of two or more distinct personality states or identities within a single individual.