Actual price level higher than expected discuss some, Econometrics

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Actual price level higher than expected discuss some

1. (Potential Output) Define the economy's potential output. What factors help determine potential output?

2. (Actual Price Level Higher than Expected) Discuss some instances in your life when your actual production for short periods exceeded what you considered your potential production.Why does this occur only for brief periods?

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Econometrics: Actual price level higher than expected discuss some

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Econometrics: Actual price level higher than expected discuss some

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