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Use the following to answer questions :
Figure: Circular-Flow Model Use the following to answer questions : Figure: Circular-Flow Model   -(Figure: Circular-Flow Model)  Look at the figure Circular-Flow Model. If the circular-flow model is in equilibrium (the sum of money flowing into each box is equal to the sum of the money flowing out of it)  and there is a decrease in consumer spending, which of the following is likely to happen? A) an increase in the nominal GDP B) an increase in the real GDP C) an increase in the unemployment rate D) an increase in the inflation rate
-(Figure: Circular-Flow Model) Look at the figure Circular-Flow Model. If the circular-flow model is in equilibrium (the sum of money flowing into each box is equal to the sum of the money flowing out of it) and there is a decrease in consumer spending, which of the following is likely to happen?


Definitions:

Psychological Factors

Elements of a person's psychological state that can affect their physical health, behavior, and overall well-being.

Psychological Dimensions

Aspects or factors that are used to describe and differentiate between individuals' psychological states and traits.

Sound Wave

A longitudinal wave consisting of compressions and rarefactions, which travels through a medium such as air or water and can be heard when they reach a person's or animal's ear.

Visual Cortex

The part of the cerebral cortex that processes visual information, located in the back of the brain.

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