If Potential GDP for the Third Quarter of 2012 =

question 85

Multiple Choice

If potential GDP for the third quarter of 2012 = $20.4 billion,and the deviation from potential GDP for the third quarter of 2012 = -$1.6 billion,then the output gap was

• A) -7.8%.
• B) -12.8%.
• C) -18.8%.
• D) -32.6%.

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Definitions:

Distal Convoluted Tubule

A portion of the kidney nephron where the final adjustment of urine concentration and composition occurs.

Plasma Osmolality

Plasma osmolality measures the concentration of solutes in the blood plasma, indicating the body's state of hydration and influencing water balance and distribution.

Supraoptic Region

A region located above the optic chiasm in the brain, closely associated with the hypothalamus, involved in the regulation of water balance and hormone secretion.

Action Potentials

Electrical impulses that are essential for the functioning of neurons and muscle cells, facilitating communication within the body.