Economists Use the Term "Potential Output" to Refer to ________

question 9

Multiple Choice

Economists use the term "potential output" to refer to ________.

• A)a level of output that has not yet been achieved
• B)the maximum level of output of which an economy is capable
• C)the sum of finished goods plus goods in production that will be finished within the year
• D)the level of output that occurs when all prices are fully adjusted
• E)none of the above