Documents Potential GDP and the Natural Unemployment Rate CHAPTER 8.

Slide 1 Slide 2 Potential GDP and the Natural Unemployment Rate CHAPTER 8 Slide 3 C H A P T E R C H E C K L I S T When you have completed your study of this chapter, you…

Documents © 2010 Pearson Addison-Wesley. The Federal Budget The federal budget is the annual statement of the...

Slide 1© 2010 Pearson Addison-Wesley Slide 2 Slide 3 The Federal Budget The federal budget is the annual statement of the federal governments outlays and tax revenues. The…

Documents The Labor Market and Potential GDP –To understand how potential GDP is determined, we study: –.....

Slide 1 The Labor Market and Potential GDP –To understand how potential GDP is determined, we study: – The demand for labor – The supply of labor – Labor market equilibrium…