Supply Shocks Occur Any Time There Is a Change in the Supply

question 28

True/False

Supply shocks occur any time there is a change in the supply of goods and services.

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Definitions:

Rational-Emotive

Rational-Emotive Behavior Therapy (REBT) is a form of psychotherapy which focuses on resolving emotional and behavioral problems and disturbances by confronting irrational beliefs and changing them.

Albert Ellis

A psychologist and psychotherapist who founded Rational Emotive Behavior Therapy, a form of cognitive-behavioral therapy.

Therapist

A professional trained in the practice of treating psychological problems and mental health issues through various forms of therapy.

Psychoanalysis

A method of psychology and therapy developed by Sigmund Freud that emphasizes the importance of unconscious processes in understanding human behavior.