According to the Text, Which of the Following Can Be

question 51

Multiple Choice

According to the text, which of the following can be used to approximate potential output?
i. Assume a perfectly smooth trend is passing through the quarter-to-quarter movements in the real GDP.
ii. Survey leading economists.
iii. Gather current data from statistical agencies, such as the Bureau of Economic Analysis.

• A) i only
• B) ii only
• C) ii and iii
• D) i and ii
• E) iii only

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Definitions:

H. Antecessor

An extinct human species or subspecies from the Early Pleistocene of Europe, considered one of the early ancestors of modern humans.

Anatomically Modern

Describes humans who share the same range of physical characteristics as contemporary humans, typically relating to Homo sapiens species.

Homo Sapiens

The scientific name for modern humans, characterized by their ability for complex language and social structures.

Consciously Design Tools

The intentional creation or modification of tools or devices through thoughtful planning and creative thought, often to solve a specific problem.