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Explain what factors cause shifts of the aggregate demand curve in the open economy model.
Past Behavior
Actions or conduct exhibited by an individual in earlier times, which can be an indicator of future actions or tendencies based on consistent patterns.
Aspirations
Desires or ambitions of achieving something, typically referring to goals related to personal or professional success.
Freud and Adler
Sigmund Freud and Alfred Adler, influential figures in psychology, known for their contributions to psychoanalytic theory and individual psychology, respectively.
Relationship Change
The dynamic modification or transformation of interpersonal relationships over time due to various factors such as personal growth, external circumstances, or conflicts.
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