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.
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The problem with the former Soviet Union was that it was composed of many nations with strong individualistic tendencies on a national level. At the time of its existance, it could only do so because it hand strong autocratic leaders for a time. This has changed over time though.
<span>The answer to the question stated above is letter d. bond.
A document showing the government’s promise to pay back the money it borrowed plus interest is a bond.
</span> In finance, Bond is <span>an official document in which a government or company promises to pay back an amount of money that it has borrowed and to pay interest for the borrowed money. </span>
I Feel like it’s C I think but I really don’t know
The white minority ruled South Africa
