What do you mean by "term spread" ? How GDP of US can be Forecast by using Term spread?

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp
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What do you mean by "term spread" ? How GDP of US can be Forecast by using Term spread?

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