Whenever There Is a Shift in the Investment Schedule And/or

question 7

Essay

Whenever there is a shift in the investment schedule and/or the consumption-saving schedules, there will be a new equilibrium level of GDP.Explain why this is so.

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Definitions:

Slips of the Tongue

Inadvertent errors in speech where the speaker says something different from what they intended, often revealing subconscious thoughts or feelings.

Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Fixation

In psychology, an obsessive focus or attachment to a person, situation, or stage of development.

Psychosexual Stage

A concept in Freudian psychology referring to a series of developmental stages in childhood, each characterized by a focus on pleasure from a particular body area.