Homework Help: business

Posted by sam on Tuesday, September 9, 2008 at 10:21pm.

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.

http://www.data360.org/dsg.aspx?Data_Set_Group_Id=353
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
  *hypothetical

Answer this Question

Related Questions

business - What is the relationship between GDP and the business cycle? How can ...
business - What is the relationship between GDP and the business cycle? How can ...
economics - What is the relationship between GDP and the business cycle? How can...
Economics - What is the relationship between GDP and the business cycle? How can...
Economics - 22. An economy that experiences decreasing real GDP and increasing ...
Economics - The task of my assignment was to calculate the Nominal GDP, given ...
Economics - What do most economists believe about the future of business cycles...
Macro - The great depression was the worst ecomonic disaster in US history in ...
Government US - 2. Which of the following statements best describes the ...
Economic - A BUSINESS CYCLE IS CHARACTERIZED BY A CONTINUAL CYCLE OF EXPANSION ...

For Further Reading

First Name:
School Subject:
Answer: