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Use the figure below to answer the following questions.
Figure 27.2.3
There are no taxes in this economy.
-In Figure 27.2.3, at the equilibrium level of real GDP, induced expenditure is
Externally Oriented
Describes individuals or behaviors that are heavily influenced by external factors and the external environment rather than internal thoughts and feelings.
Internally Oriented
A focus or emphasis on internal thoughts, feelings, and motivations rather than external circumstances or stimuli.
Self-Efficacy
Confidence in one's ability to control one's motivation, behavior, and social environment, crucial for achieving goals.
Autonomy
The capacity to make an informed, uncoerced decision independently, often discussed in the context of personal development and ethics.
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