Which of the Following Is True

question 140

Multiple Choice

Which of the following is true?

• A)Potential GDP is determined by the available supply of labor, capital, and technology only in the long run.
• B)Real GDP is determined by aggregate demand only in the short run.
• C)Potential GDP is equal to aggregate demand in the long run.
• D)Real GDP is determined by aggregate demand only in the long run.
• E)Potential and real GDP are always equal.

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Definitions:

Reciprocal Determinism

A concept in psychology that suggests individual behavior is a result of interactions between personal factors, environmental influences, and behavior itself.

Personality

The combination of emotional, attitudinal, and behavioral response patterns of an individual, distinguishing one person from another.

Erikson's Theory

A psychosocial developmental theory by Erik Erikson, stating that individuals go through eight stages of development, each characterized by a specific psychosocial crisis.

Bandura's Theory

This theory, introduced by Albert Bandura, emphasizes the role of observational learning, social experience, and reciprocal determinism in the development of personality.