Potential output

Type of potential

Nº Q1452339 ★★★★

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Potential output

Type of potential

In economics, potential output (also referred to as "natural gross domestic product") refers to the highest level of real gross domestic product (potential output) that can be sustained over the long term. Actual output happens in real life while potential output shows the level that could be achieved.

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From Wikipedia

In economics, potential output (also referred to as "natural gross domestic product") refers to the highest level of real gross domestic product (potential output) that can be sustained over the long term. Actual output happens in real life while potential output shows the level that could be achieved.

Text: Wikipédia, CC BY-SA 4.0. · Image: Dipsey (Public domain) ·

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