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-Consider Figure 9.1

Question 30

Multiple Choice

  -Consider Figure 9.1. A) Area a is where current output is less than potential output,and area b is where current output is greater than potential output. B) Area a is where current output is greater than potential output,and area b is where current output is less than potential output. C) Point c is where economic fluctuations are zero,and at point b,the economy is in a boom. D) At point c,current output equals the short-term fluctuations. E) Area a is where current output is greater than potential output,and at point c,the economy is in a boom.
-Consider Figure 9.1.


A) Area a is where current output is less than potential output,and area b is where current output is greater than potential output.
B) Area a is where current output is greater than potential output,and area b is where current output is less than potential output.
C) Point c is where economic fluctuations are zero,and at point b,the economy is in a boom.
D) At point c,current output equals the short-term fluctuations.
E) Area a is where current output is greater than potential output,and at point c,the economy is in a boom.

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