A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2004; you can also visit the original URL.
The file type is
It would be difficult to identify a more important macroeconomic issue (and one about which there was more disagreement) than recent developments affecting the level and rate of growth in the nation's productive capacity. Knowledge of the gap between actual and potential output is of ininediate relevance to the design of short-run stabilization policy and recent projections of slower growth in productive capacity and the possible relation to slower growth in capital stock appear to havedoi:10.20955/r.59.147-156.rgy fatcat:b3lejx4dnbhenheiyfcdur24ve