The Output Gap: A‘Potentially’ Unreliable Measure of Economic Health?

This The Output Gap: A‘Potentially’ Unreliable Measure of Economic Health? worksheet also includes:

How can we accurately estimate what the economy should produce now and in the future? Have your pupils tackle this question as they learn about real versus potential GDP and as they review data regarding the output gap in the United States.

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CCSS: Designed
Instructional Ideas

  • Additional handout offers an opportunity to practice and review the process of analyzing graphs
Pros

  • Graphs and charts help to illustrate concepts
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