GDP Gap

Popular Terms
The difference between a country's potential gross domestic product and its actualized gross domestic product for the specified time interval. Potential GDP is an economy's maximum, ideal production with high employment across all sectors and maintaining currency and product price stability. The Actual GDP is a country's measured output at any interval. Since the Actual GDP will rarely reach the Potential GDP, the GDP gap is considered a measure of wasted potential output due to a country's unemployment rate coupled with business and government inefficiencies.

GDP Gap = Potential GDP - Actual GDP

Use 'GDP Gap' in a Sentence

The GDP gap created the idea that inefficiencies may exist in the country's economic trading model so this was discussed during the meeting.
18 people found this helpful
You need to notice if there are any irregularities in the GDP gap and try to figure out a way to fill in the holes.
16 people found this helpful
The USA's GDP GAP over the specified quarter showed the same, continual increase as seen year after year, for the past decade, and no improvement.
14 people found this helpful




Email Print Embed

<rt id="yvPRVNP"><small id="yvPRVNP"></small></rt> <acronym id="yvPRVNP"></acronym>
<rt id="yvPRVNP"><optgroup id="yvPRVNP"></optgroup></rt>
<tr id="yvPRVNP"><optgroup id="yvPRVNP"></optgroup></tr>
<tr id="yvPRVNP"><optgroup id="yvPRVNP"></optgroup></tr>
<acronym id="yvPRVNP"></acronym>
  • 883110601 2018-01-23
  • 78929600 2018-01-23
  • 24629599 2018-01-23
  • 752991598 2018-01-23
  • 96723597 2018-01-23
  • 339591596 2018-01-23
  • 906617595 2018-01-23
  • 52381594 2018-01-23
  • 974605593 2018-01-22
  • 329857592 2018-01-22
  • 768829591 2018-01-22
  • 240135590 2018-01-22
  • 166186589 2018-01-22
  • 720431588 2018-01-22
  • 856792587 2018-01-22
  • 998593586 2018-01-22
  • 91912585 2018-01-22
  • 720707584 2018-01-22
  • 561773583 2018-01-21
  • 527306582 2018-01-21