Discuss the Assumptions of Both Classical Economists and Keynesian Economists

question 63

Essay

Discuss the assumptions of both classical economists and Keynesian economists regarding price flexibility.What do these different assumptions imply about the views of each school of thought on the need for government intervention in order to return the economy to a long-run equilibrium and full employment?

Identify and describe various brain imaging techniques and their applications.

Appreciate the historical and theoretical contributions of key figures in psychology.

Understand the developmental implications of nativist versus empiricist theories.

Recognize the relevance of neuroscientific perspectives in developmental psychology.

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Definitions:

Abnormal Behavior

Patterns of emotion, thought, and action deemed pathological for being atypical, disturbing, maladaptive, or unjustifiable.

Adaptive Behavior

The collection of conceptual, social, and practical skills that people learn and use in their daily lives to function effectively and meet societal standards.

Determinists

Philosophers or theorists who believe that all events, including human actions, are ultimately determined by causes external to the will.

Abnormal Behaviors

Actions or behaviors that deviate significantly from what is generally understood to be normal or typical within a society or cultural context.