Which of the Following Is Not True About a Change

question 97

Multiple Choice

Which of the following is not true about a change in the price level?

• A)It will shift the aggregate demand curve.
• B)It will shift the aggregate expenditure curve.
• C)It will result in a new value of equilibrium real GDP demanded.
• D)It will change the real value of dollar-denominated assets.
• E)It will shift the consumption function.

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Definitions:

Freudian Theory

A set of psychoanalytic theories developed by Sigmund Freud that emphasize unconscious processes, childhood experiences, and defense mechanisms in shaping personality.

Psychic Energy

A Freudian concept referring to the power stemming from innate drives and used by the mind for psychological activities.

Reaction Formation

A psychological defense mechanism where an individual acts in the opposite way to their unacceptable impulses, often exhibiting exaggerated behavior.

Psychological Defense Mechanism

Strategies employed by the unconscious mind to protect itself from anxiety arising from unacceptable thoughts or feelings.