Which of the Following Is a True Statement

question 94

Multiple Choice

Which of the following is a true statement?

• A)The concept of potential output might be thought of as the maximum sustainable output of the economy under normal circumstances.
• B)Actual output cannot exceed potential output, even during a boom.
• C)When the actual rate of unemployment exceeds the natural rate, the actual output of the economy will rise above its potential.
• D)Potential output represents the absolute maximum level of production.

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Definitions:

Weber's Law

A principle relating to perception that states the smallest change in a stimulus that can be detected is a constant proportion of the stimulus level.

Illumination

The deliberate use of light to achieve a practical or aesthetic effect.

Brightness

The perception of how light or dark a color appears; a quality of visual experience that varies with lighting conditions.

Optic Nerve

The cranial nerve that transmits visual information from the retina to the brain, playing a crucial role in the sense of sight.