I just reposted the revisions for Part I of the Total Economic Potential Formula. All it was missing is how I got to the “TEP of the Whole Nation.” Is is that particular variable which we need in order to find the RTEP (Real Total Economic Potential). Also removed is the portion where I discussed about the Attrition Rate. Since I had already completed the equations for the RTEP, RTFP, and the Attrition/Inaction Rate, anyone who wants to know how to find the Attrition Rate must consult “Work-Standard Formula for Attrition/Inaction Rate.”
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