inflationary gap
inflationary gap
Glossary micro and macro economics
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Economics
Definition of inflationary gap
inflationary gap : amount by which the aggregate expenditure and schedule must shift downward to decrease the nominal GDP to its full employment noninflationary level.
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Glossary micro and macro economics
Micro and macro economics glossary index of terms
Definition and meaning of inflationary gap
Meaning of inflationary gap
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