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How Did the Neoclassical School View Equilibrium

Question 110

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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.

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