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22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
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3.2 (Macro) Creating & eliminating deflationary gap (monetarist/new classical model); 3.3 Deflation - YouTube
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GDP GAP /inflationary GAP// .Deflationary gap //full explained through Ad -As model with diagram. - YouTube
![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/d40e454e38f488401fe10479d750c36c.jpg)
22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
![Revision_3 - A. Explain how a deflationary gap might occur. Deflationary gap is basically the difference between the output level of full employment and | Course Hero Revision_3 - A. Explain how a deflationary gap might occur. Deflationary gap is basically the difference between the output level of full employment and | Course Hero](https://www.coursehero.com/thumb/88/b0/88b04d7185d29cf7ec33930c3f8dc4a02a28e962_180.jpg)
Revision_3 - A. Explain how a deflationary gap might occur. Deflationary gap is basically the difference between the output level of full employment and | Course Hero
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The Multiplier Effect and the Recessionary and Inflationary Gaps – Principles of Economics: Scarcity and Social Provisioning (2nd Ed.)
![1. A recessionary gap occurs when a. The short run aggregate supply curve shifts rightward. b. Real GDP is less than potential GDP. c. The economy is at its long run equilibrium. 1. A recessionary gap occurs when a. The short run aggregate supply curve shifts rightward. b. Real GDP is less than potential GDP. c. The economy is at its long run equilibrium.](https://homework.study.com/cimages/multimages/16/recessionary_ga7808462053120917794.png)
1. A recessionary gap occurs when a. The short run aggregate supply curve shifts rightward. b. Real GDP is less than potential GDP. c. The economy is at its long run equilibrium.
![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)