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An Upward Sloping Short-Run Aggregate Supply Curve Suggests That

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An upward sloping short-run aggregate supply curve suggests that


Definitions:

Emotion

A complex psychological state involving an experiential, behavioral, and physiological response to a situation or stimulus.

Afraid

A feeling of fear or anxiety about a possible or imminent event or situation.

Cognitive Arousal Theory

A theory suggesting that emotions are a result of the interaction between cognitive interpretations of a situation and levels of physiological arousal.

Appraisal

An evaluation process through which an individual assesses the significance of a particular situation, event, or stimulus.

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