Output gap

Potential (light) and actual (bold) GDP estimates from the Congressional Budget Office. The difference between the two represents the GDP gap.

The GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output gap is Y–Y* where Y is actual output and Y* is potential output. If this calculation yields a positive number it is called an inflationary gap and indicates the growth of aggregate demand is outpacing the growth of aggregate supply—possibly creating inflation; if the calculation yields a negative number it is called a recessionary gap—possibly signifying deflation.

单词	Output gap
释义	Output gap 英语百科 Output gap The GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output gap is Y–Y* where Y is actual output and Y* is potential output. If this calculation yields a positive number it is called an inflationary gap and indicates the growth of aggregate demand is outpacing the growth of aggregate supply—possibly creating inflation; if the calculation yields a negative number it is called a recessionary gap—possibly signifying deflation.
随便看	Acceleration due to gravity的意思 acceleration effect的意思 acceleration effects的意思 acceleration electrode的意思 acceleration energy的意思 acceleration environment的意思 acceleration error的意思 acceleration error coefficient的意思 acceleration errorconstant的意思 acceleration error constant的意思 acceleration error of gyrocompass的意思 acceleration factor的意思 acceleration feedback的意思 acceleration field的意思 acceleration force的意思 acceleration force, inclination gauge的意思 acceleration forces的意思 acceleration from rest的意思 acceleration function的意思 acceleration gap的意思 acceleration globulin的意思 acceleration governor的意思 acceleration grade的意思 acceleration gradient的意思 acceleration grid的意思