Answer to Question #169914 in Macroeconomics for Leika Sutcliffe

Question #169914
how real GDP will eventually return to the level of potential GDP.
1
Expert's answer
2021-03-09T07:39:46-0500

Real GDP will return to the level of potential GDP once there is full employment of the labor force.As a result, Aggregate Supply intersects Aggregate Demand and the Potential GDP at the same equilibrium point.


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