If You Were Thinking About an Oven as a System

question 214

Multiple Choice

If you were thinking about an oven as a system which of the following represents the input?

• A) The uncooked food.
• B) The cooked food.
• C) A light indicating that the oven has reached the preheated temperature.
• D) The oven running at 350 degrees for 20 minutes.

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Definitions:

Inflation

A continuous rise in the overall price level of goods and services within an economy over a period.

Unemployment

The condition in which a capable worker who is actively seeking employment is unable to find work.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in bank accounts.

Phillips Curve

An economic theory that suggests an inverse relationship between the level of unemployment and the rate of inflation.