Actual vs Potential GDP Graph---We need to consume us some GDP---FAST!
A close up view of the difference between the US's ACTUAL GDP and its POTENTIAL to produce GDP. The line below the Potential GDP would represent the dollar figure for a point inside the Production Possibilities Frontier, such as Point "A". The PPF just shows the raw production numbers of Capital and Consumer Goods. We have a lot of ground to make up!
Source: Econbrowser |
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