Refer to the Graph Shown

question 62

Multiple Choice

Refer to the graph shown. Economic output in year 0 is $50 billion. What is potential output in year 2?

• A)$50 billion
• B)$51.5 billion
• C)$53.0 billion
• D)$54.6 billion

---

Definitions:

Contract

A legally enforceable agreement between two or more parties that creates mutual obligations enforceable by law.

Gratuitous Bailment

A bailment where the bailee holds the bailed property without receiving compensation, doing it for the bailor's benefit only.

Legal Obligation

A duty enforced by law, requiring an entity or individual to follow or abstain from specific actions, subject to legal consequences for failure to comply.

Lawnmower

A machine equipped with revolving blades or a blade bar for cutting grass to an even length.