Refer to the Graph Shown

question 110

Multiple Choice

Refer to the graph shown. The economy begins at a level of output of $50 billion and experiences a one-year recession in which output declines by 3 percent. By what rate must the economy expand to return to potential output by year 2?

• A)About 3 percent
• B)About 4 percent
• C)About 6 percent
• D)About 9 percent

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Definitions:

Humanistic Psychology

A psychological perspective that emphasizes the study of the whole person and the uniqueness of individual experience and potential.

Component Parts

The individual elements or pieces that make up a larger system, device, or item, emphasizing the importance of each part to the functioning of the whole.

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning, emphasizing observable behaviors over internal states.

Psychoanalysis

A method of therapy and theory of personality developed by Sigmund Freud that emphasizes unconscious motives and conflicts as the sources of human behavior.