Which of the following is the best example of the concept of "another potential output"?

In the year ________, for the first time in 30 years, the federal government ran a surplus

A) 1980 B) 1985 C) 1990 D) 1998

A loss in economic efficiency occurs when production of a good is above the equilibrium quantity

a. True b. False Indicate whether the statement is true or false