Refer to the Information Provided in Figure 12

question 48

Multiple Choice

Refer to the information provided in Figure 12.4 below to answer the questions that follow. Figure 12.4
-Refer to Figure 12.4. If the economy is currently at the intersection of AS and AD, a decrease in AS with no change in AD will cause

• A) deflation.
• B) stagflation.
• C) economic growth.
• D) deflationary growth.

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Definitions:

Maslow

A psychologist best known for creating Maslow's hierarchy of needs, a theory in psychology that ranks human needs in the form of a pyramid.

Conflicts

Occurrences or situations where differing needs, beliefs, or interests lead to opposition or struggle, whether between individuals, groups, or within oneself.

Innate Needs

Fundamental requirements inherent to human beings that are essential for survival and development, such as needs for food, safety, and love.

Learned Behaviors

Actions or reactions that individuals acquire through interaction with the environment and through reinforcement.