Prior to the 1930s, the _____ Model Dominated Thinking About

question 202

Multiple Choice

Prior to the 1930s, the _____ model dominated thinking about how the economy worked.

• A) Keynesian
• B) classical
• C) monetarist
• D) real business cycle

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Definitions:

Id

In psychoanalytic theory, the part of the personality structure that contains a person's basic drives and instincts, operating on the pleasure principle.

Hot Dog

A cooked sausage, traditionally grilled or steamed and served in a sliced bun as a sandwich.

Defense Mechanism

A means used by the ego to defend against anxiety and to maintain self-esteem.

Metaphor

A figure of speech in which a word or phrase is applied to an object or action to which it is not literally applicable, suggesting a similarity.