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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.
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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