ACCA December Exams

Post comments & Vote in Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>

Deflationary gap

This topic has 1 reply, 2 voices, and was last updated 6 years ago by Ken Garrett.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
May 14, 2018 at 7:33 pm #451919
lmendy
Member
- Topics: 9
- Replies: 0
What is the deflationary gap?
May 14, 2018 at 8:10 pm #451930
Ken Garrett
Keymaster
- Topics: 10
- Replies: 10544
The deflationary gap is the difference between potential output at full level of employment and the actual level of output of the economy ie, all the resources of the economy are not being used to the optimum level and some are idle.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.