The Most Abundant Element in the Universe Is

question 81

Multiple Choice

The most abundant element in the universe is

• A)hydrogen.
• B)helium.
• C)lead.
• D)uranium.

---

Definitions:

Actual Output

The total value of goods and services produced by an economy at a given period, also known as real GDP.

Aggregate Supply

The total supply of goods and services produced within an economy at a given overall price level and in a given time period.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, often used as a measure of inflation.

Expected Price Level

The anticipated average level of prices in the economy for goods and services, as predicted by consumers and businesses.