-Refer to the Above Figure

question 203

Multiple Choice

-Refer to the above figure. Unexpected contractionary 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 contractionary 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:

Archetypes

Universal, symbolic patterns representing human motifs or themes that recur in myths, stories, and dreams.

Womb Envy

A theory proposing that men may feel envy towards women's ability to bear children and sustain life, complementing Freud's concept of penis envy in females.

The Id

In psychoanalysis, the part of the mind that is the source of instinctual impulses and demands for immediate satisfaction of primitive needs.

The Shadow

In Jungian psychology, a part of the unconscious mind consisting of repressed weaknesses, shortcomings, and instincts.