Answer:
They are all cities, in Arizona.
Potential output refers to the broadest level of real GDP that can be continued over the long term, and real output occurs in real life, whereas potential output depicts the level that could be attained.
<h3>What are the real and potential output?</h3>
- Real output is defined as the total value of production in inflation-adjusted dollars, remained unchanged.
- Potential output is the maximum amount of goods and services that an economy can produce when it is at its most efficient.
Therefore, Real output and Potential output are different with each another.
To learn more about the output, refer to:
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Answer:
Classical economist, Keynes
Explanation:
The economist spending time in total economics and the output of the effects. It was developed by the Keynesian economists in 1930 to know about the great depression. This the phenomenon that pulls out the great economy from out of the danger called the great depression. The main aim of this theory is to obtain the performance level of the economy. This is the theory that tells about the new way of thinking.
Thus classical economist advocates Laissez-Faire. On the other hand, Keynes that prices and wages were not flexible enough to make the market self adjust and make the discretionary fiscal policy.
Answer: case study.
Explanation:
A case study is a research method involving an up-close, intensive and detailed examination of a particular case in which the researcher examines in-depth data relating to several variables
The case study is not itself a research method, but researchers select methods of data collection and analysis that will generate material suitable for case studies.
In psychology, case studies are often confined to the study of a particular individual or a group of individuals. The information is mainly biographical and relates to events in the individual's past, as well as to significant events which are currently occurring in his or her everyday life.
Answer:
hope this comparison chart helps :D