Potential Output Refers to the Amount of Goods and Services

Multiple Choice

Potential output refers to the amount of goods and services the economy

A) has produced during the current period.
B) can produce per period,by utilizing available resources at above normal rates.
C) can produce per period,by utilizing available resources at normal rates.
D) can produce per period,by utilizing available resources at below normal rates.
E) produced during the previous period.