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If the aggregate demand curve and the aggregate supply curve intersect at a level of real GDP less than potential GDP, there is
Perception
The process by which individuals organize and interpret their sensory impressions to give meaning to their environment.
Disinhibition
The weakening of inhibitions or constraints by observing the behavior of a model.
Observational Learning
A learning process where individuals learn by watching the behaviors of others and the consequences of those behaviors, as proposed by Albert Bandura.
Reinforcement
In behavioral psychology, a process that increases the likelihood of a behavior by applying a stimulus after the behavior occurs.
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