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

There could be some overlap between the input and output.

This allows for typically one or two steps between full output and zero.

Initially, the relationship between price level and output was explained by the quantity theory of money.

Perhaps worst of all, he doesn't know the difference between capacity and output.

The network can then work out the relationship between the input and output.

The "steady state" is the difference between radiation input and output.

For this reason it is important to distinguish between input and output of energy usage.

Didn't I know the difference, he asked, between "capacity and output"?

This translates into a gap between input and output of $25 billion a year beginning in 2029.