Defining $Y _ { t}$ As Current Output $\bar { Y } _ { t }$

question 37

Multiple Choice

Defining $Y _ { t}$ as current output, $\bar { Y } _ { t }$
As potential output, and $\tilde { Y } _ { t }$
As short-run fluctuations, how can the equation $\tilde { Y } _ { t } = \left( Y _ { t } - \bar { Y } _ { t } \right) / \bar { Y } _ { t }$
Be best defined?

• A) the percentage deviation of current output from potential output
• B) the difference between current output and potential output
• C) the percentage deviation of potential output from current output
• D) the deviation of current output from potential output
• E) the difference between potential output and current output

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Definitions:

Paradoxical

Describes something that appears self-contradictory or absurd but may in fact contain a possible truth.

Thought Suppression

The psychological attempt to push thoughts out of one's mind, which can paradoxically lead to an increase in the frequency of those thoughts.

Psychological Disorders

Conditions characterized by abnormal thoughts, feelings, and behaviors that may cause distress or interfere with a person's ability to function.

Ironic Processing

The psychological process wherein attempts to suppress certain thoughts make them more likely to surface.