Examlex
As shown in Exhibit 1, the economy's point of short-run equilibrium, given by the shift of the aggregate demand curve from AD1 to AD2 , is:
Groupthink
A mode of thinking in highly cohesive groups in which the desire to reach unanimous agreement overrides the motivation to adopt proper rational decision-making procedures.
Unanimity
Complete agreement among all members or parties involved on a particular issue or decision.
Rational
Based on or in accordance with reason or logic; capable of making sensible or logical decisions.
Antecedent
A preceding event, condition, or cause that logically goes before something else.
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