Unit 2: Introduction to Macroeconomics

Lesson 8a: Economic Growth

Key Graphs

 

Modern Economic Growth

Economic Growth and the 5Es:

Economic Growth is "Increasing the Potential"
Prod. Eff. and Full Employment is "Achieving the Potential.

 

EG - INCREASING THE POTENTIAL

 

EG - ACHIEVING THE POTENTIAL

 

EG - ACHIEVING THE POTENTIAL

 

 

EG - INCREASING THE POTENTIAL

EG - INCREASING THE POTENTIAL

 

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Lesson 8a