Which of the Following Correctly Describes the Meaning of the Expression

question 74

Multiple Choice

Which of the following correctly describes the meaning of the expression Y > Y*?

• A)actual output is more than potential output - a recessionary gap
• B)potential output is more than actual output - a recessionary gap
• C)actual output is more than potential output - an inflationary gap
• D)potential output is more than actual output - an inflationary gap

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Definitions:

Organelle

One of the specialized structures within the cell, such as the mitochondria, Golgi complex, ribosomes, or contractile vacuole; many organelles are membrane-enclosed.

Geologic Time Scale

A system of chronological dating that relates geological strata to time, used by geologists and other Earth scientists to describe the timing and relationships of events in Earth's history.

Eon

The largest division of the geologic time scale; eons are divided into eras.

Mass Extinction

An event in which a significant, global decrease in the diversity and abundance of life occurs in a relatively short period of geological time.