Suppose Actual Output Is Less Than Potential Output

question 41

Multiple Choice

Suppose actual output is less than potential output.If the output gap measures the output loss due to the failure to achieve full employment,it can generally be concluded that the larger this output gap,the

• A)greater is the employment rate.
• B)greater is the unemployment rate.
• C)lower is frictional unemployment.
• D)lower the deadweight loss of unemployment.
• E)more upward pressure there is on prices.

---

Definitions:

Assault

An act of physical attack or a threat of attack that makes another person fear imminent bodily harm.

Batteries

Batteries, in a legal context, refers to the intentional and unlawful physical contact or force against another person; in a general context, it refers to devices that store and provide electrical energy.

Tort Law

The area of law that deals with civil wrongs, not arising from contractual obligations, where an injured party can seek compensation from the party causing the harm.

Prevent Future Harms

Measures or actions taken to stop or reduce the likelihood of adverse effects or damages occurring in the future.