Potential GDP is also referred to as

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Potential GDP is the level of output that an economy can produce at full employment, without inflation increasing. It is sometimes called full-employment GDP because it represents the maximum level of output that an economy can produce when all of its resources are being used effectively. Realised GDP, on the other hand, is the actual level of output produced in an economy over a given period, which may be less than potential GDP due to factors such as unemployment or underutilisation of resources. Unemployment GDP and balanced-budget GDP are not commonly used terms in economics.

Potential GDP Is Also Referred to as