[Solved] The term "light" refers to A)visible light that humans can observe with the naked eye. B)all types of electromagnetic radiation. C)sunlight. D)non-ionizing radiation. National Output: The total value of all goods and services produced by a country over a specific time period. Automobile Market: The automobile market encompasses the worldwide industry involved in the design, production, and sales of cars, trucks, and other vehicles. Reagan Administration: The Reagan Administration refers to the presidency of Ronald Reagan, the 40th President of the United States, from 1981 to 1989, known for its conservative policies, including economic liberalization and arms buildup. Double-Digit Inflation: A period of economic condition where the rate of inflation reaches or exceeds 10%, significantly eroding purchasing power.