If a Market Is in Disequilibrium

question 112

Multiple Choice

If a market is in disequilibrium:

• A)it will continue unless there is government intervention.
• B)no individual will be better off doing something different.
• C)there are opportunities for some people to make themselves better off.
• D)it must be because the government has intervened in the market,resulting in the market's failure to reach equilibrium.

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Definitions:

Collective Unconscious

A concept developed by Carl Jung referring to the part of the unconscious mind which is derived from ancestral memory and experience, shared among all humans.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for his concepts of the collective unconscious and archetypes.

Real Self

An individual's authentic and true personality or identity, as opposed to roles or masks worn in different social contexts.

Rogers

Refers to Carl Rogers, an influential American psychologist who founded the humanistic approach to psychology.