An Economy's Potential GDP Is Defined as the Level of Output

Multiple Choice

An economy's potential GDP is defined as the level of output:

A) that is produced when all factors of production that are willing to be employed are being used.
B) that is produced when the economy operates at a point under its production possibility
C) that can be produced when all factors of production are employed in equal proportions.
D) that is produced in the economy in the short run.