Plot the difference between real gdp and potential real gdp


Problem

Plot the difference between real GDP and potential real GDP, as measured by the Congressional Budget Office. What could this difference measure? Explain what you see in the chart.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Plot the difference between real gdp and potential real gdp
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