Output Gap Percentage Formula
As a derivative indicator, the "output gap percentage" (%OG) can be measured as actual output (AO) less potential output (PO) divided by potential output and multiplied by 100%.
%OG = x 100%
Read more about this topic: Capacity Utilization
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“Lizzie Borden took an axe
And gave her mother forty whacks;
When she saw what she had done,
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—Anonymous. Late 19th century ballad.
The quatrain refers to the famous case of Lizzie Borden, tried for the murder of her father and stepmother on Aug. 4, 1892, in Fall River, Massachusetts. Though she was found innocent, there were many who contested the verdict, occasioning a prodigious output of articles and books, including, most recently, Frank Spiering’s Lizzie (1985)
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—Arlie Hochschild (20th century)
“Actually, if my business was legitimate, I would deduct a substantial percentage for depreciation of my body.
Contemplative and bookish men must of necessitie be more quarrelsome than others, because they contend not about matter of fact, nor can determine their controversies by any certain witnesses, nor judges. But as long as they goe towards peace, that is Truth, it is no matter which way.”
—John Donne (c. 1572–1631)
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—Pierre Simon De Laplace (1749–1827)