How Did the Neoclassical School View Equilibrium

question 110

Multiple Choice

How did the neoclassical school view equilibrium?

• A)As occurring at capacity output.
• B)Where AS = LAS.
• C)In a way that implied full employment.
• D)As being a natural result of flexible prices and wages.
• E)As occurring at capacity output,where AS = LAS,in a way that implied full employment and as being a natural result of flexible prices and wages.

---

Definitions:

Glossopharyngeal Neuralgia

A condition characterized by recurrent episodes of severe pain in the 9th cranial nerve area.

Bilateral CTS

Carpal Tunnel Syndrome affecting both hands, characterized by numbness, tingling, and pain due to median nerve compression.

Spinal Nerves

Nerves that originate from the spinal cord, carrying motor, sensory, and autonomic signals between the spinal cord and the body.

Cerebral Infarction

A type of stroke that occurs when blood flow to part of the brain is blocked, leading to the death of brain tissue.