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question 52

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Use the following to answer questions:
Figure: Aggregate Supply Use the following to answer questions: Figure: Aggregate Supply   -(Figure: Aggregate Supply)  Refer to Figure: Aggregate Supply. If the economy is at point E, nominal wages will _____, and the short-run aggregate supply curve will shift _____ until actual potential is _____ potential output. A)  increase; left; equal to B)  increase; right; greater than C)  decrease; right; equal to D)  decrease; right; less than
-(Figure: Aggregate Supply) Refer to Figure: Aggregate Supply. If the economy is at point E, nominal wages will _____, and the short-run aggregate supply curve will shift _____ until actual potential is _____ potential output.


Definitions:

Preconscious

Refers to the thoughts and feelings not in immediate awareness but can be easily brought to consciousness.

Unconscious

The part of the mind that contains thoughts, memories, and desires not within the realm of conscious awareness but that influence behavior and emotions.

Nonconscious

Processes that occur in the mind without conscious awareness, including reflexes, impulses, and automatic functions.

Psychosexual Stage

Stages in Freud's theory of development, where each stage is characterized by different challenges and tasks related to sexual pleasure.

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