Suppose an economist stated that Brazil had achieved its potential GDP 2013. This would imply that at this level of real GDP, Brazil experienced

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Achieving potential GDP implies that the economy is operating at full employment, meaning that all available resources, including labor, are being used efficiently. This does not mean zero unemployment, but rather that unemployment is at its natural rate, which includes frictional and structural unemployment.

Suppose an Economist Stated That Brazil Had Achieved Its Potential