![22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics 22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics](https://open.lib.umn.edu/app/uploads/sites/180/2016/05/3691f7d4a437be5b23d0753a0408ed78.jpg)
22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
![22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics 22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics](https://open.lib.umn.edu/app/uploads/sites/180/2016/05/8f6d2862c7721f3972fbc0ad1378d2c2.jpg)
22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
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What is an Expansionary Gap? - Identifying an Economy That is Above Potential - Video & Lesson Transcript | Study.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 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](https://homework.study.com/cimages/multimages/16/screen_shot_2019-06-20_at_8.43.07_pm1393403819000336944.png)
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
![Inflationary Gap - Key Takeaways An inflationary gap is a macroeconomic concept that measures the - Studocu Inflationary Gap - Key Takeaways An inflationary gap is a macroeconomic concept that measures the - Studocu](https://d20ohkaloyme4g.cloudfront.net/img/document_thumbnails/10c8695d37ab95f5d374b1d86abd32cd/thumb_1200_1553.png)
Inflationary Gap - Key Takeaways An inflationary gap is a macroeconomic concept that measures the - Studocu
![Explain the meaning of inflationary gap and deflationary gap. Explain any one measure by which these gaps can be reduced. Explain the meaning of inflationary gap and deflationary gap. Explain any one measure by which these gaps can be reduced.](https://dwes9vv9u0550.cloudfront.net/images/9110194/24736b99-b7dd-47a7-bf31-32c0832f523c.jpg)
Explain the meaning of inflationary gap and deflationary gap. Explain any one measure by which these gaps can be reduced.
![22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics 22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics](https://open.lib.umn.edu/app/uploads/sites/180/2016/05/7b62fdbf653dfcb85fd08b78b15b6275.jpg)