Figure 10-7 ​ ​

question 201

Multiple Choice

Figure 10-7
​ ​
-If an economy is growing, but experiences no inflation, this means

• A)aggregate demand increased, but aggregate supply did not.
• B)aggregate supply decreased, but aggregate demand did not.
• C)aggregate demand and aggregate supply increased by the same amount.
• D)aggregate demand and aggregate supply decreased by the same amount.

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Definitions:

Socialization

The process by which individuals learn and adopt the norms, values, and behaviors of their society.

Recognizing Differences

The process of identifying and understanding the distinctions among various factors, situations, or individuals.

Decentering

The psychological process of shifting focus from one's own perspective to consider multiple viewpoints or the perspectives of others.

Shared Vision

A common understanding and agreement on future goals and direction among members of a group or organization.