Potential GDP is the maximum output a firm is capable of producing.
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Q61: Suppose you are a famous international economic
Q62: What is labor productivity? How does a
Q63: The growth rate of real GDP in
Q64: A firm can fund an expansion of
Q65: When potential GDP increases,is it necessarily the
Q67: Potential GDP in the United States
A)does not
Q68: Accumulating a greater number of inputs will
Q69: The key to sustained economic growth is
Q70: Market economies tend to grow more quickly
Q71: Potential GDP is always greater than real
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