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 were utilized at their long-run sustainable levels
E)the amount of output where unemployment is zero

Question

Quizplus · Accepted Answer

Current output is the amount of total output at the current level of input utilization. It reflects the current level of production given the current inputs used in the production process.

Current Output Is Defined as __________