Recessionary Gap — A term routed in macroeconomic theory that summarizes the situation where an economy is operating at below its full employment equilibrium. Under this condition, the level of real gross domestic product (GDP) is currently lower then it is at full … Investment dictionary
Output gap — Potential (light) and actual (bold) GDP estimates from the Congressional Budget Office. The difference between the two represents the GDP gap … Wikipedia
GDP gap — The GDP gap or the output gap is the difference between potential GDP and actual GDP or actual output. The calculation for the output gap is Y Y* where Y is potential output and Y* is actual output or the natural level of output. If this… … Wikipedia
Inflationary gap — An inflationary gap, in economics, is the amount by which the real Gross domestic product, or real GDP, exceeds potential GDP.cite journal last=Parkin first=Michael year= 2007 title=Economics, Level I CFA Program Curriculum volume=2… … Wikipedia
Okun Gap — A macroeconomic term that describes the situation when an economy s potential gross domestic product (GDP) differs from its actual gross domestic product. The gap can either be recessionary or inflationary, but will depend on the economy s… … Investment dictionary
Рецессионный разрыв — (RECESSIONARY GAP) величина, на которую равновесный реальный доход превышает совокупные ожидаемые расходы при полной занятости … Современные деньги и банковское дело: глоссарий
Рецессионный разрыв — величина, на которую текущие совокупные расходы меньше совокупных расходов, соответствующих уровню ВВП при полной занятости. Рецессионный разрыв в несколько раз уменьшает реальный ВВП. По английски: Recessionary gap См. также: Модель Доходы… … Финансовый словарь
Below Full Employment Equilibrium — A macroeconomic term used to describe a situation where an economy s short run real gross domestic product (GDP) is currently lower than that same economy s long run potential real GDP. Under this scenario, there is a recessionary gap between the … Investment dictionary
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium
ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… … Encyclopedia of Judaism