71. According to neo-classical economists, if prices are truly flexible, what determines aggregate supply? Aggregate supply would be determined by:resource availabilityproductivity the current state of technologyAccessibility: Keyboard NavigationBlooms: RememberBlooms: UnderstandDifficulty: HardLearning Objective: 13-01 Explain why neoclassicists believe the economy will automatically achieve full-employment equilibrium.Topic: 13-03 Neoclassical Economists and Aggregate Demand and Supply72. In the decade of the 1990s several significant events occurred. What were these events which changed the world and provided evidence of the predominance of the market system? 73. By June 2010, the effects of stimulative policies showed countries were coming out of recession. However, there were other concerns regarding the impact of the policies. What was the major concern?