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In the following sentence, four words are given in bold out of which one word is misspelt. Find the misspelt word. Interestingly (a), when these expectations (b) make agents coordinate into another equillibrium (c) path, temporary shocks have permanent effects and cause hysteresis (d).

In the following sentence, four words are given in bold out of which one word is misspelt. Find the misspelt word. Interestingly (a), when these expectations (b) make agents coordinate into another equillibrium (c) path, temporary shocks have permanent effects and cause hysteresis (d). Correct Answer c

The correct answer is option 3 i.e. equilibrium is misspelt.

Key Points

  •  The word equillibrium is misspelt out of the four words in bold.
  • The correct form is equilibrium.
  • The meaning of equilibrium is a state in which opposing forces or influences are balanced.
    • Example: ​The point at which the solid and the liquid are in equilibrium is called the freezing point.
  • Hence, option 3 is correct answer.

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