potential output

But potential output can be defined in at least two different ways.

"But before I come to that, let me tell you about our potential output.

Potential output has also been called the "natural gross domestic product."

Their potential output eventually fell to less than 4,000 megawatts.

That is, government spending on such things as basic research, public health, education, and infrastructure could help the long-term growth of potential output.

Now, assume an economy already at potential output, meaning Y is fixed.

"We are still very short of reaching potential output."

Its potential output of $1 billion a year would double Mongolia's gross national product.

But once the gap between actual and potential output was closed, growth settled back to the familiar post-1973 path.

Potential output is that rate of gross domestic product which would result if all resources were fully employed.

Higher interest rates bring actual output in line with (the lower) potential output.

The loss of potential output resulting-from involuntary unemployment is clearly a serious matter for an economy.

We are not attaining potential output, while suffering from cyclical unemployment.

As the number of transducers increases, the potential output increases.

An economy in this stage has a limited production function which barely attains the minimum level of potential output.

Where the authority plans to install two turbines, they would have a combined potential output of 88 megawatts.

At potential output, businesses are in no need of markets, so that there is no room for an accelerator effect.

It is simply the ratio of the total money value of capital equipment to the total potential output.

It is not so clear, however, whether the loss of potential output through voluntary unemployment is so serious.

Crowding out is most plausibly effective when an economy is already at potential output or full employment.

The maximum potential output sound pressure level is stated by the manufacturer to be 108 decibels (dB).

There are many factors that influence workforce availability and therefore the potential output of equipment and the manufacturing plant.

The plant will be configured to expand if need be, with a potential output of 45 gigalitres per year.

The Government's plans to increase capital spending will benefit the UK's potential output and facilitate growth in the long run.

Cutting wages relative to productivity lowers consumer demand relative to potential output.