What Is the Full-Employment Output Level

question 182

Multiple Choice

What is the full-employment output level?

• A) The output level that results when the loanable funds market clears
• B) The output level that results when the returns to labor are zero
• C) The output level that results when factories are completely full
• D) The output level that results when the labor market clears
• E) The output level that would occur if the output level was positive.

---

Definitions:

Temporary Insanity

A legal defense claiming that a defendant was incapable of understanding the nature of their actions due to a temporary state of mental instability.

Mental Imbalance

A state where there is a disruption or imbalance in an individual's emotional or mental stability.

Sternberg's Triangular

A theory proposing that love can be understood in terms of three components that form a triangle: intimacy, passion, and commitment.

Commitment

A conscious decision that remains constant.