if the economy in the US is currently at the trough of a business cycle then whats the relationship between real GDP and potential GDP? Is it likely that the real GDP will stay in this relative position got a long period of time? (like 15 yrs)
business - someone, Tuesday, September 9, 2008 at 10:28pm
I think no but im not 100% sure
business - Ms. Sue, Tuesday, September 9, 2008 at 10:29pm
My crystal ball is a little cloudy, but optimistically, the real GDP will rise in the next 15 years.
business - sam, Tuesday, September 9, 2008 at 10:31pm
this is a hypothetical question...what are you guys talking about...i want to know whts the rel b/w the real gdp and potential gdp and if the real gdp would likely stay in this position for along time
business - Ms. Sue, Tuesday, September 9, 2008 at 10:35pm
I gave you my hyptothetical answer.
business - Ms. Sue, Tuesday, September 9, 2008 at 10:36pm