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Inflationary and Deflationary Gaps/Recessionary Gap - Definition and Explanation - Example - Diagram/Figure - Economicsconcepts.com
Suppose an economy has an inflationary gap. a. Illustrate this using a graph with LRAS, SRAS, and AD curves. Identify the equilibrium price level, real GDP, and the output gap in your
22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium
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Reading: Tax Changes | Macroeconomics [Deprecated]
22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
Inflationary and deflationary gaps
Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium
Lesson summary: equilibrium in the AD-AS model (article) | Khan Academy
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