TeachMeFinance.com - explain potential output
potential output -- The highest level of production that can persist for a substantial period
without raising the rate of inflation . Potential output for the national economy is also referred to as
About the author
Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.