The Fact That Output Gaps Will Not Last Indefinitely, but Will

question 26

Multiple Choice

The fact that output gaps will not last indefinitely, but will be closed by rising or falling prices is the economy's:

• A)short-run equilibrium property.
• B)self-correcting property.
• C)income-expenditure multiplier.
• D)long-run equilibrium property.

Learn about the various stages and models of moral development according to scholars like Kohlberg and Gilligan.

Understand the principles advocated by peacemaking criminologists for social control solutions.

Understand the principles and application of peacemaking criminology.

Differentiate between peacemaking criminology and other criminological theories.

---

Definitions:

White-Boarding

A brainstorming session or presentation technique using a whiteboard to visually share, develop, and discuss ideas.

Head

A term often used to refer to a person in a leading or managerial position within an organization.

Vivid Vision

A detailed and clear description of a future state or goal that one aims to achieve, often used for motivation and strategic planning.

Business Model Canvas

A visual chart with elements describing a firm's value proposition, infrastructure, customers, and finances, facilitating an understanding of a business model.