The amount of final goods and services an economy is producing at full employment is known as:

Name: The amount of final goods and services an economy is producing at full employment is known as:
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Question

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Potential real GDP is the amount of final goods and services that an economy is capable of producing at full employment. It represents the maximum sustainable level of output that an economy can produce without creating excessive inflationary pressures.

The Amount of Final Goods and Services an Economy Is