Potential or Full- Employment Output Is

question 59

Multiple Choice

Potential or full- employment output is

• A)the maximum GDP that an economy actually achieves throughout its entire history.
• B)achieved during periods when all of the labour force is employed.
• C)the GDP that would be produced if the economy's resources were fully employed at a normal intensity of use.
• D)the GDP that could be produced if the economy's resources were fully employed at their maximum intensity of use.
• E)a goal that can never be achieved by the economy.

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Definitions:

Insulin

A compound released by the pancreas that plays a key role in blood sugar regulation by supporting glucose uptake into tissues.

Membrane-bound Receptor

A type of cell receptor that is anchored in the cell membrane and interacts with extracellular molecules to trigger signals within the cell.

G Proteins

Guanine nucleotide-binding proteins that act as molecular switches inside cells, involved in transmitting signals from a variety of stimuli outside a cell to its interior.

Cyclic AMP

A secondary messenger important in many biological processes, such as the regulation of metabolism.