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Use the following to answer questions:
-(Figure: AD-AS) Refer to Figure: AD-AS.Suppose the economy is producing the output level YP and a negative demand shock shifts the AD1 curve to AD3.The economy now has a(n) _____ gap,which can be closed by _____ fiscal policy.
Conscientiousness
A personality trait characterized by thoroughness, carefulness, and the desire to do things well.
Neuroticism
A personality trait characterized by emotional instability, anxiety, moodiness, irritability, and sadness.
Ryff Well-Being Inventory
A psychological assessment tool developed by Carol Ryff that measures six components of well-being: autonomy, environmental mastery, personal growth, positive relations with others, purpose in life, and self-acceptance.
Six Dimensions
often refers to models of human well-being that include dimensions such as physical, psychological, spiritual, social, economic, and environmental aspects.
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