Question
Consider the hypothetical information in the following table for potential GDP , , real GDP , , and the price level in 2 0 1
Year | Potential GDP | Real GDP | Price Level |
2018 | $1.5 | $1.5 | 150 |
2019 | $1.7 | $1.6 trillion | 153 |
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
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