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Consider a simple macro model with demand-determined output.Suppose the level of exports decreases unexpectedly by $6 billion.If the government wants to restore the initial equilibrium level of output it could,all other things equal,
Inborn Ideas
Concepts or understanding believed to be present in an individual from birth, as opposed to acquired through experience.
Plato
An ancient Greek philosopher who founded the Academy in Athens and made foundational contributions to Western philosophy and science.
Positive Psychology
A branch of psychology focused on the study of happiness, well-being, and positive human functioning.
Martin Seligman
A psychologist known for his work on learned helplessness, positive psychology, and the promotion of well-being.
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