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in a keynesian cross diagram, what name is given to the distance between an equilibrium output level that is above potential gdp and potential gdp?
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Dec 6, 2024
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in a keynesian cross diagram, what name is given to the distance between an equilibrium output level that is above potential gdp and potential gdp?
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Nitinkumar Ambekar
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The distance between an equilibrium output level that is above potential GDP and potential GDP in a Keynesian cross diagram is known as the inflationary gap.
Jeb
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