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The Shortfall Between Actual Real GDP and Potential GDP

question 194

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The shortfall between actual real GDP and potential GDP


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Simple Words

The use of basic and clear language that is easy to understand.

Intended Meaning

The specific message or idea that a speaker or writer aims to communicate to their audience.

State of the Art

The most advanced and developed status of a technology, method, or field at a given time.

Cliché

An overused phrase or idea that has lost its original impact or novelty.

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