In an Economy in Which Aggregate Demand Is Stable and a Period

question 50

Multiple Choice

In an economy in which aggregate demand is stable and a period of sustained and significant productivity growth occurs, there will be

• A) secular deflation.
• B) secular inflation.
• C) a constant price level.
• D) a shift of aggregate supply to the left.

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Definitions:

Psychological Disorders

Mental disorders that significantly affect one's thinking, emotional state, and behavior, disrupting daily functioning.

Humane Treatments

Actions or practices that show compassion and respect towards others, including animals, often in contexts that could permit harshness.

Childhood Feelings

Emotions or affective responses experienced during one's childhood years.

Client-Centered Therapy

A humanistic therapy, developed by Carl Rogers, in which the therapist uses techniques such as active listening within an accepting, genuine, empathic environment to facilitate clients’ growth. (Also called person-centered therapy.)