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Let aggregate demand be summarized by Y = k0 + k1M - P) and aggregate
Supply by P = P^
^
+ cY - Y*) . All notation is standard but for , which here
Represents forecasted general prices. A change in the responsiveness of firms' prices to expectations is captured by a change in
Carl Rogers
An influential American psychologist who founded the humanistic approach to psychology, emphasizing individual potential for growth.
Humanistic Psychology
A psychological perspective emphasizing the study of the whole person and their uniqueness, focusing on personal growth and self-fulfillment.
Marital Relationships
The bond and interactions that exist between individuals in a marriage, encompassing emotional, physical, and social aspects.
Influenced
The capacity to have an effect on the character, development, or behavior of someone or something.
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