output gap (0 synonym found)

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output tax

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Definition of output gap:

(N) : The GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP, in an attempt to identify the current economic position over the business cycle.
Definition of output gap:

(N) : The GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP, in an attempt to identify the current economic position over the business cycle.
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