Question
What is the potential GDP in the neoclassical model? (how the curve is shown, what it determines, and how does it operate over time?) *bullet
What is the potential GDP in the neoclassical model? (how the curve is shown, what it determines, and how does it operate over time?)
*bullet points make it more difficult for me to understand at times; please answer in a paragraph format if possible - it would be greatly appreciated, but it is NOT required
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
