Defining Yt as current output,
as potential output,and
as short-run fluctuations,the relationship between the three can be written as
.

Question

Defining Yt as current output,  
as potential output,and  
as short-run fluctuations,the relationship between the three can be written as  
.

Quizplus · Accepted Answer

The question does not provide any information or context to determine the relationship between Yt, potential output, and short-run fluctuations. Therefore, option B cannot be rejected, as the statement is ambiguous and lacks sufficient information.

Defining Yt as Current Output