MACROECON MYECONLAB CDE+STUDENT PKT>IC<
MACROECON MYECONLAB CDE+STUDENT PKT>IC<
7th Edition
ISBN: 9781323914403
Author: HUBBARD/TIERNE
Publisher: PEARSON C
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Chapter 13, Problem 13.2.10PA

An article in the Economist noted that “the economy’s potential to supply goods and services [is] determined by such things as the labour force and capital stock, as well as inflation expectations.” Do you agree with this list of the determinants of potential GDP? Briefly explain.

Source: “Money’s Muddled Message,” Economist, March 19, 2009.

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