The Following Question Are Based on the Following Aggregate Supply-Aggregate

question 10

Multiple Choice

The following question are based on the following aggregate supply-aggregate demand diagram:

-The horizontal axis shows

• A) the money supply.
• B) total real output.
• C) the unemployment rate.
• D) the price level.
• E) wage rates.

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Definitions:

Bodhisattva

(Sanskrit.) In Mahayana Buddhism, an enlightened person devoted to the enlightenment of others.

Nirvana

In Buddhism, a transcendent state free from suffering and the cycle of rebirth and death, representing the ultimate spiritual goal.

Karma Yoga

A spiritual path in Hinduism emphasizing selfless action performed for the benefit of others as a way to spiritual liberation.

Detachment

Lack of willfulness or emotional concern. Detachment through ascetic denial (or, failing that, aesthetic contemplation) was proposed by the great pessimist Arthur Schopenhauer as a method of responding to the fact that life is filled with frustration due to our incessant irrational desires. Schopenhauer’s answer is similar to that of the ancient philosophy called Stoicism, which also teaches that most of our passions are irrational and are best ignored through the detachment and commitment to reason.