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Why are the long-run effects of an increase in aggregate demand on price and output different from the short-run effects?
Wilhelm Wundt
A German physician, physiologist, and philosopher widely regarded as the father of experimental psychology.
Laboratory
A controlled environment where scientific research, experiments, and measurement can be conducted.
Psychology
The scientific study of the mind and behavior, exploring various aspects of conscious and unconscious experience.
Trained Introspection
A method used in early psychology involving trained observers reporting their thoughts and mental processes in response to stimuli.
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