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When the Aggregate Demand Curve Shifts

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When the aggregate demand curve shifts,


Definitions:

External Locus

A psychological concept referring to individuals who believe that external forces or events primarily control their life outcomes.

Depression

A state of mental distress denoted by a lasting sense of gloom or lack of involvement in routine interests, significantly eroding the ability to manage daily life.

Subjective Well-Being

An individual's personal assessment of their happiness and life satisfaction.

Captive Animals

Animals that are kept in a controlled environment, such as zoos or research facilities, and not living in the wild.

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