If a Country's Potential Output Is $100 Billion and the Output

question 66

Multiple Choice

If a country's potential output is $100 billion and the output gap is 5%, the country's actual output is

• A)$500 billion.
• B)$20 billion.
• C)$95 billion.
• D)$105 billion

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Definitions:

Rose Window

A circular window, often found in Gothic churches, adorned with stained glass and intricate tracery, symbolizing the Virgin Mary or divine light.

Oculus

Latin, “eye.” The round central opening of a dome. Also, a small round window in a Gothic cathedral.

Jewelry Casket

A small decorative box or chest designed to hold jewelry or precious items, often elaborately adorned.

Reliquary

A container for holding relics.