-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.

Question

-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.

Quizplus · Accepted Answer

The Answer of 
-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.