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In the short-run, real GDP can be greater than or less than potential GDP because in the short run the
Futures Contract
A standardized legal agreement to buy or sell something at a predetermined future date and price, commonly used for commodities or financial instruments.
Barack Obama
The 44th President of the United States, serving from 2009 to 2017, and the first African American to hold the office.
Presidential Election
A political event held in various countries where citizens vote to elect the President, the head of the executive branch of government.
Interest Rate Futures
Financial derivatives contracts that lock in the future delivery of an asset with an interest-bearing instrument at a specified price.
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