In the Long Run, Output Is Determined Solely by the Supply

question 89

True/False

In the long run, output is determined solely by the supply of capital and the supply of labor, not the price level.

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Definitions:

Alfred Adler

An Austrian psychologist and founder of the school of individual psychology, who emphasized the importance of feelings of inferiority and community in shaping human behavior.

Karen Horney

A psychoanalyst known for her theory on neurotic personality development and her disagreements with Freud on concepts of female psychology.

Carl Jung

A Swiss psychiatrist and psychoanalyst known for creating analytical psychology, which focuses on the significance of one's own psyche and the pursuit of individual completeness.

Repression

A defense mechanism in psychoanalytic theory where unacceptable or unpleasant thoughts and memories are unconsciously excluded from awareness.