Examlex
In 1952, which psychologist published the first systematic attempt to empirically determine the effectiveness of psychotherapy, particularly psychoanalysis?
Short Run
A period in economics during which some factors of production are fixed, limiting the ability of the economy or a firm to adjust to changes.
Real GDP
The market value of all final goods and services produced within a country in a given period, adjusted for inflation.
Recessions
Phases of momentary economic slump that lead to a reduction in trading and industrial activities, frequently identified by declining GDP in two successive quarters.
Aggregate Demand
The total demand for all goods and services in an economy at a given general price level and in a given time period.
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