Step 1: Understanding the Concept:
Van der Waals' equation corrects the ideal gas law for the finite size of gas molecules and intermolecular attractions. Step 2: Detailed Explanation:
The van der Waals' equation for 1 mole of a real gas is:
\[ \left(P + \frac{a}{V^2}\right)(V - b) = RT \]
• The term 'b' is the volume correction. It accounts for the volume occupied by the gas molecules themselves. It is approximately four times the actual volume of the molecules.
• 'a' is the pressure correction term, which accounts for intermolecular attractions.
Step 3: Final Answer:
Constant 'b' is a measure of the volume occupied by the molecules, which corresponds to option (A).