Showing posts with label recessionary gap. Show all posts
Showing posts with label recessionary gap. Show all posts

Sunday, April 3, 2016

What is the difference between a recessionary gap and an inflationary gap?


What is the difference between a recessionary gap and an inflationary gap?



#Parkin #11edition #AggregateSupply #AggregateDemand #Chapter27
Aggregate Supply, Aggregate Demand