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In the Keynesian cross diagram,a decline in autonomous consumer expenditure causes the aggregate demand function to shift ________ and the equilibrium level of aggregate output to ________,everything else held constant.
Bits Information
The smallest unit of data in computing, representing a single binary value of 0 or 1.
Process Information
The method by which individuals perceive, analyze, and interpret information from their environment to make decisions or solve problems.
Behaviorism
A theory in psychology that focuses on observable behaviors and disregards mental processes.
Psychoanalysis
Freud’s theory of personality that attributes thoughts and actions to unconscious motives and conflicts. Freud’s therapeutic technique used in treating psychological disorders. Freud believed the patient’s free associations, resistances, dreams, and transferences—and the analyst’s interpretations of them—released previously repressed feelings, allowing the patient to gain self-insight.
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