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According to the text, which of the following can be used to approximate potential output?
i. Assume a perfectly smooth trend is passing through the quarter-to-quarter movements in the real GDP.
ii. Survey leading economists.
iii. Gather current data from statistical agencies, such as the Bureau of Economic Analysis.
Direct
Direct refers to an action or method that is straightforward and without intermediaries, often leading to immediate effects or outcomes.
Segregation
The formal physical or social separation of dominant and minority groups.
Separatism
Voluntary structural and cultural isolation by minority groups from the dominant group.
Similar/Different
Terms used to compare and contrast features, indicating how things are alike or how they vary.
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