What does the natural rate of output represent in terms of real GDP production?

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The level of real GDP generated when the economy operates at its natural unemployment rateThe level of real GDP achieved when investment is at its natural rateThe real GDP produced when aggregate demand is at its natural levelThe amount of real GDP produced when there is zero unemployment

Explanation

The natural rate of output corresponds to the real GDP produced when the economy is functioning at its natural rate of unemployment, not when investment or aggregate demand are at their natural rates, nor when unemployment is completely absent.