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ABSTRACT

November 1989, Vol. 112, No. 11

The aggregate structure of the economy

Norman C. Saunders
Economist, Office of Employment Projections, Bureau of Labor Statistics


Improved foreign trade and productivity, as well as a continuing emphasis on services, mark the outlook for the coming decade as gross national product growth slows because of a decline in population growth.  This article examines three alternative models of projections for economic growth in the 1990's: moderate, low, and high.

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