Potential Real GDP Is the Output Level That

question 110

Multiple Choice

Potential real GDP is the output level that

• A) would be realized in the absence of structural unemployment.
• B) would be realized in the absence of inefficient government programs.
• C) is associated with the natural rate of unemployment.
• D) is associated with full employment.
• E) is associated with economic growth at 0 percent annual inflation.

---

Definitions:

Sigmund Freud

Known as an Austrian neurologist, he introduced psychoanalysis as a means to cure psychological pathologies through a psychoanalyst-patient dialogue.

Alfred Adler

Austrian psychiatrist and founder of the school of individual psychology, noted for his concepts of inferiority complex and the importance of feelings of inadequacy.

Self-efficacy

A person's belief in their own ability to succeed in specific situations or accomplish a task.

Personal Evaluation

An assessment of one's own abilities, characteristics, or performance, often in comparison to others or to personal standards.