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The table below shows the relationship between the deficit and real GDP. Draw a diagram depicting this relationship. Assume potential GDP is $6,900 billion.
Technology
Implementing scientific insights for real-world applications, chiefly in the field of industry.
Unemployment
The situation where individuals who are able and willing to work cannot find employment.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision or choosing between options.
OLED TVs
Televisions that use Organic Light-Emitting Diodes for a better display with higher contrast, deeper blacks, and a wider viewing angle compared to traditional LCDs.
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