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While Alice is under hypnosis, she expresses strong emotions about being in a car accident that caused the death of her oldest son. When not under hypnosis, she expresses no emotion about the death of her oldest son when talking about the accident. This absence of emotion when not under hypnosis is characteristic of
Circular-Flow Diagram
A model that illustrates the movement of resources, goods, services, and money between households and firms in an economy.
Factors Of Production
The resources used in the production of goods and services, typically classified into four groups: land, labor, capital, and entrepreneurship.
Labor
Tasks undertaken by individuals that aid in generating goods and services within an economy.
Capital
Financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the physical factors of production including machinery and buildings.
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