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Suppose there was an economic contraction caused by a shift in aggregate supply; suppose the central bank changes the money supply to offset the effects of that contraction. How would the effects of the change in money supply be reflected in the aggregate demand and aggregate supply model?
Modeling
The process of learning behaviors by observing and imitating others.
Classical Conditioning
A learning process that occurs when two stimuli are repeatedly presented together, resulting in a conditioned response to a previously neutral stimulus.
Voyeurism
The practice of gaining sexual pleasure from observing others when they are naked or engaged in sexual activity.
Rational-emotive Therapist
A mental health professional who practices Rational-Emotive Behavior Therapy (REBT), focusing on identifying and changing irrational beliefs.
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