What is the difference between the actual output and generated output known as?
Output Modulus
Output Difference
Cost
Accuracy
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Actual Output can be defined as the growth in the quantity of goods and services produced in a country, or inother words the percentage chance inGDP. ... The difference between actual output and potential output is knownsimply as the output gap.
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Actual Output can be defined as the growth in the quantity of goods and services produced in a country, or in other words the percentage chance in GDP. ... The difference between actual output and potential output is known simply as the output gap.
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