If you’re ready to start, restart, or continue your own college journey with Study Hall, go to https://link.gostudyhall.com/mecon to join a college course that starts on YouTube for just $25, and unlock the opportunity to earn transferable credits from ASU.
In this episode of Study Hall: Macroeconomics, we explore potential GDP and all of the factors that go into making it grow. But just like a talented and gifted kid who demonstrates academic strength early on, Real GDP doesn’t always meet its potential.
__________________________________________________________________________
Follow us on social media!
Twitter: https://twitter.com/gostudyhall
Instagram: https://Instagram.com/GoStudyHall
Facebook: https://www.facebook.com/GoStudyHall
__________________________________________________________________________
Chapters:
0:00 – Introduction
2:07 – Defining Potential Real GDP and its elements
8:10 – Long-Run Aggregate Supply Graph and its Shifters
9:36 – Comparing Potential Real GDP To Real GDP
10:33 – Sustainable Growth and Productivity
12:28 – Conclusion
Watch Now
