Suppose the Economy Is Initially in Equilibrium Where Real GDP

question 49

Multiple Choice

Suppose the economy is initially in equilibrium where real GDP equals potential GDP and the inflation rate is at the target rate.Other things equal,a housing boom will cause aggregate expenditures to increase,which will result in

• A) an increase in aggregate demand and an increase in the inflation rate.
• B) an increase in aggregate supply and an increase in the inflation rate.
• C) an increase in aggregate demand and a decrease in the inflation rate.
• D) an increase in aggregate supply and a decrease in the inflation rate.

Grasp the commonalities between solution-focused and narrative therapies, especially in the construction of meaning and possibilities.

Understand the concept and utility of the miracle question in therapy.

Recognize the expertise and role of a therapist in solution-focused therapy.

Explore future trends and criticisms of constructivist therapies including narrative and solution-focused approaches.