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Defining YtY _ { t } As Current Output Yˉt\bar { Y } _ { t }

Question 78

Multiple Choice

Defining YtY _ { t } as current output, Yˉt\bar { Y } _ { t }
As potential output, and Y~t\tilde { Y } _ { t }
As short-run fluctuations, which of the following equations does the text use to measure the fluctuations component of output?


A) Y~t=Yt+YˉtYˉt\tilde { Y } _ { t } = \frac { Y _ { t } + \bar { Y } _ { t } } { \bar { Y } _ { t } }
B) Y~t=YtYˉt\tilde { Y } _ { t } = Y _ { t } - \bar { Y } _ { t }
C) Y~t=YtYˉtYˉt\tilde { Y } _ { t } = \frac { Y _ { t } - \bar { Y } _ { t } } { \bar { Y } _ { t } }
D) Y~t=YˉtYtYˉt\tilde { Y } _ { t } = \frac { \bar { Y } _ { t } - Y _ { t } } { \bar { Y } _ { t } }
E) Y~t=YˉtYtYt\tilde { Y } _ { t } = \frac { \bar { Y } _ { t } - Y _ { t } } { Y _ { t } }

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