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Typical expansion - PowerPoint PPT Presentation

Long-Run Economic Growth

Long-Run Economic Growth. Potential Real GDP. Actual GDP. Potential GDP. The Business Cycle. Some Basic Business Cycle Definitions. The Business Cycle. The Business Cycle. How Do We Know When the Economy Is in a Recession?. The U.S Business Cycle. What Happens during the Business Cycle?.

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Typical expansion - PowerPoint PPT Presentation

Long-Run Economic Growth