According to the Text, Which of the Following Can Be

question 38

Multiple Choice

According to the text, which of the following can be used to characterize potential output?
i. Assume a perfectly smooth trend is passing through the quarter-to-quarter movements in the real GDP.
ii. Take averages of the surrounding actual GDP numbers.
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:

Greenhouse Gas

Gases in Earth's atmosphere that trap heat, including carbon dioxide, methane, and nitrous oxide, significantly contributing to global warming and climate change.

Chlorofluorocarbons

Synthetic organic compounds once widely used in aerosols and refrigeration, known to deplete the ozone layer and contribute to global warming.

Air Conditioners

Devices designed to regulate the temperature and humidity within a space, contributing to human comfort and preservation of goods.

Fire Extinguishers

Devices designed to suppress fires through the application of a substance such as foam, water, or dry chemical.