What Is Potential GDP

question 68

Essay

What is potential GDP?

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Definitions:

Compactly

In a manner that uses space efficiently, often referring to the concise and effective arrangement of information or objects.

Common Scale

A standardized measurement or grading system used to compare different items or phenomena on the same basis.

Bar Graph

A graph displaying information using bars of different lengths, where each bar's length directly corresponds to its value.

Memorable

Likely to be remembered or easily recalled due to being striking or unusual.