inflationary gap

English - Turkish

Definition of inflationary gap in English Turkish dictionary

enflasyonist açık

enflasyon farkı

English - English

Definition of inflationary gap in English English dictionary

the inflationary gap is the amount by which equilibrium real GDP exceeds the full-employment level of GDP

This occurs when there is too much demand in the economy This excess level of demand will tend to lead to demand-pull inflation

market surplus combined with the state of full employment (Economics)

the amount by which equilibrium output exceeds potential output

Hyphenation

in·fla·tion·a·ry gap

Turkish pronunciation

înfleyşıneri gäp

Pronunciation

/ənˈflāsʜənˌerē ˈgap/ /ɪnˈfleɪʃənˌɛriː ˈɡæp/