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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

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