Why Is the Long- Run Aggregate Supply Curve Vertical

question 138

Essay

Why is the long- run aggregate supply curve vertical?

---

Definitions:

Self-psychology

Self-psychology is a psychoanalytic theory focusing on the development of the self through relationships, emphasizing empathy and the therapist-client bond.

Mirroring Transference

A psychoanalytic concept where the client projects and attributes their feelings or attitudes onto the therapist, who acts as a mirror reflecting the client's emotional states.

Classical Psychoanalysis

A method of psychotherapy that involves exploring unconscious desires and conflicts through techniques like dream interpretation and free association, rooted in Freudian theory.

Oedipal Process

A stage in psychoanalytic theory where a child identifies with the parent of the same sex and develops a desire for the parent of the opposite sex.