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Use the figure below to answer the following question(s) .
Figure 9-2
-When an economy is experiencing the aggregate demand and supply conditions depicted in Figure 9-2,
Alderfer's ERG Theory
A motivational theory presented by Clayton Alderfer that categorizes human needs into three groups—Existence, Relatedness, and Growth—which influence individual behavior.
McClelland's Acquired Needs Theory
A motivational theory suggesting that individuals are driven by three main needs: achievement, affiliation, and power, which they acquire over time.
Arranged Hierarchy
A system where people or groups are ranked one above the other according to status or authority.
Maslow's Hierarchy
A theory in psychology proposed by Abraham Maslow, which suggests that humans are motivated by a hierarchy of needs, starting from basic physiological needs to self-actualization.
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