Define the Following Terms Carefully

question 7

Essay

Define the following terms carefully:
(a) Full employment
(b) Purchasing power of money
(c) Real wage rate
(d) Relative price

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Definitions:

Cleaning Compulsions

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession, often related to an excessive need for cleanliness and order.

Checking Compulsions

Repetitive behaviors or mental acts that a person feels driven to perform in response to an obsession, typically aimed at preventing some dreaded event or situation.

Mania

A mental state characterized by extremely elevated mood, energy, and activity levels, often associated with bipolar disorder.

Dissociative Fugue

A dissociative disorder in which one has a complete loss of memory of one’s entire identity, travels away from home, and may assume a new identity.