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OpenStudy (destinyyyy):
Can someone answer these questions on Potential GDP?
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OpenStudy (destinyyyy):
The US economy is currently operating below Potential GDP. Question 1: Without using someone else's estimate of Potential GDP, how would you approach calculating how much current activity is below Potential GDP? Question 2: Where would you get the data for your calculation? Bonus: Show us a number and how you got it.
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