If current output is 
billion and potential output 
Billion, then the economy is in a ________ and 
Is about ________ percent.
Definitions:
People Versus Space
A concept comparing the cost, efficiency, and effectiveness of human labor versus physical space in operations and business strategies.
Private
Pertaining to or concerning individuals or organizations not affiliated with or controlled by the government or public sectors.
3PL Distribution
The use of third-party logistics providers to outsource elements of a company's distribution, warehousing, and fulfillment services.
Specialty Items
Products or goods that are distinctive due to their unique qualities, often catering to a niche market.
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