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Explain the Relationship Between Potential GDP and Real GDP in the United

question 137

Essay

Explain the relationship between potential GDP and real GDP in the United States since the early 1960s. You do not need to tell what happened during any specific year; just describe the general relationship.

Understand the implications of global population changes on society and the environment.
Collect and analyze demographic data to inform public policy and planning.
Understand the relationship between population dynamics and urbanization, including the effects of suburbanization and urban sprawl.
Recognize the social and psychological implications of living in urban versus rural settings.

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