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What is the difference between actual GDP and potential GDP? Which one generally has smoother growth over time? What type of unemployment is generally causing
What is the difference between actual GDP and potential GDP? Which one generally has smoother growth over time? What type of unemployment is generally causing one of them (actual GDP or potential GDP) to not increase smoothly over time? Briefly explain
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
