The Dream We Remember in the Morning Is Known as the ________

question 19

Multiple Choice

The dream we remember in the morning is known as the ________ dream,whereas its underlying meaning is referred to as the ________ dream.

• A) manifest; latent
• B) primary; secondary
• C) latent; manifest
• D) secondary; primary

---

Definitions:

Phillips Curve

A theoretical inverse relationship between rates of unemployment and corresponding rates of inflation, suggesting that inflation rises as unemployment falls, and vice versa.

Aggregate Demand

The aggregate demand for every good and service within a certain economy or market.

Long-run Phillips Curve

A concept suggesting that in the long term, there is no trade-off between inflation and unemployment, implying the curve is vertical at the natural rate of unemployment.

Inflation Rate

A percentage-based uplift in the cost of goods and services within an economy over a designated timeframe.