US ECONOMY

US Economy

US Economy

Introduction

The most important reason for this abnormal growth is probably enhanced labor efficiency which can be calculated in outcome per labor work time. With more automation, professional trainings and knowledge to staff, the produced outcome is result in enhancing efficiency. Therefore, more outcomes per manual work time are produced.

Discussion

This gap is known as output gap in the economy. It is the difference between the real and prospective result of a national economic climate. Levels of Gross Domestic Products (GDP) reviews and measures real economic output. The potential result is the theoretical stage of real GDP that would be ...