The Economy's Potential Output Is

question 173

Multiple Choice

The economy's potential output is

• A) the maximum output that could be achieved temporarily during a time of economic boom.
• B) the minimum output that could be achieved during a recession.
• C) present when 100 percent of the labor force is employed.
• D) the maximum sustainable output of the economy given its resources.

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Definitions:

TXV

Thermostatic Expansion Valve, a device in air conditioning and refrigeration systems that regulates the flow of refrigerant.

Suction Lines

Pipes that transport refrigerant from the evaporator towards the compressor in a refrigeration system.

Discharge Lines

Tubes or pipes through which compressed gas or fluid is released from a system.

Swashplate Type

A design commonly found in hydraulic pumps and motors, featuring a slanted disk that converts rotational motion into linear motion.