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Suppose the economy is in long-run equilibrium. In a short span of time, there is a large influx of skilled immigrants, a major new discovery of oil, and a major new technological advance in electricity production. In the short run, we would expect
Misinterpretations of Reality
Cognitive distortions or errors in thought that lead to incorrect perceptions or understanding of the external world.
Borderline Personality Disorder
Borderline Personality Disorder is a mental health disorder characterized by unstable moods, behavior, and relationships, often resulting in significant distress or impulsivity.
Outburst
A sudden, intense expression of emotion, such as anger or frustration, which can be verbal or physical.
Splitting
A defense mechanism often associated with borderline personality disorder, characterized by viewing people or situations as all good or all bad.
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