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Current Output Is Defined As

Question 98

Multiple Choice

Current output is defined as:


A) the amount of output when inflation is about 2 percent.
B) what an economy produces when it is at capacity.
C) the amount of total output at the current level of input utilization.
D) the amount of total output if all inputs are utilized at their long-run sustainable levels.
E) the amount of output where unemployment is zero.

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