The third phase of the Keynesian LRAS Curve shows the economy at full employment. This means that the factors of production are being used at full capacity.
<h3>What do you mean by long-run aggregate supply?</h3>
Long-run aggregate supply can be defined as the output that an economy can produce while using all the factors of production and operating at full employment level.
The third phase of the Keynesian LRAS curve shows that the economy is at full employment which means that factors of production are being used at full capacity.
Therefore, B is the correct option.
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The answer is that <span>it is called "parentification".
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Parentification alludes to the procedure through which kids are allocated the part of a grown-up or adult, going up against both enthusiastic and functional duties that ordinarily are performed by the parent. The parent, thus, takes the reliant position of the child in the parent-child relationship.
Answer:
c. Cognitive Dissonance Theory
Explanation:
Cognitive dissonance theory: In social psychology, the theory of cognitive dissonance was proposed by an American psychologist named Leon Festinger in 1957. The "cognitive dissonance theory" describes that an individual has an "inner drive" to hold or carry-out all his or her behavior and attitudes in euphony and willing to avoid dissonance or disharmony.
In the question above, the given statement signifies the "cognitive dissonance theory".
Voter turnout is the percentage of eligible voters who participated in a certain election commonly referred to as those who cast ballots.
This can be the proportion of voters who are registered, eligible, or of voting age. Political scientists Adam Bonica and Michael McFaul of Stanford University claim that there is general agreement that "democracies perform better when more people vote. Voting participation rates vary by social class. Significant differences between voters and nonvoters become less pronounced when turnout near 90%, although in elections with lower turnout, these inequalities can still be rather stark. Voter turnout has profound long-term effects on democracies' capacities to function, more so than variations in particular election results. For instance, regulatory capture frequently hinders popular democratic measures like simplifying elections in low-turnout democracies.
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