Actual output can exceed an economy's potential in both the short run and the long run.

Name: Actual output can exceed an economy's potential in both the short run and the long run.
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In the short run, actual output can exceed an economy's potential output due to demand pressures, but in the long run, it is not sustainable as potential output is determined by factors like technology, capital, and labor, which limit the maximum sustainable output.

Actual Output Can Exceed an Economy's Potential in Both the Short