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Every time three-year-old Erwin cried, his father would immediately pick him up, and he would stop crying.Now Erwin is a real crybaby.In this case, what has his father's behaviour acted as with respect to Erwin's crying behaviour?
Money
A medium of exchange that facilitates trade, and is widely accepted in payment for goods and services and repayment of debts.
Savings
The portion of income not spent on consumption, often set aside for future use or investment.
Equilibrium
A condition where the supply and demand in the market are in equilibrium, leading to stable prices.
Full Employment
A situation in an economy where all individuals who are willing and able to work at current wage levels are employed, with minimal levels of unemployment.
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