-Refer to the Above Figure

question 98

Multiple Choice

-Refer to the above figure. Unexpected expansionary monetary policy has caused the aggregate demand curve to shift to AD2. In the short run

• A) the unemployment rate will be the same rate as before the expansionary monetary policy.
• B) the unemployment rate will be larger than the rate before the expansionary monetary policy.
• C) the unemployment rate will be smaller than the rate before the expansionary monetary policy.
• D) the unemployment rate can increase or decrease depending upon how much the LRAS will shift.

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Definitions:

Collective Unconscious

A concept in psychoanalytic theory referring to a part of the unconscious mind that is shared among beings of the same species, containing ancestral memories.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for his theories of the collective unconscious, archetypes, and psychological types.

Personality Functioning

Refers to the adaptive and maladaptive patterns of thinking, feeling, and behaving that characterize an individual.

Self-Disclosing

The act of revealing personal information about oneself to others.