![Kristin, MFA ✍🏾 on X: "AD/AS Inflationary Gap The gap between the level of real GSP and potential output when real GDP is greater than potential, is called an inflationary gap. https://t.co/5Vfkbztzi8" / Kristin, MFA ✍🏾 on X: "AD/AS Inflationary Gap The gap between the level of real GSP and potential output when real GDP is greater than potential, is called an inflationary gap. https://t.co/5Vfkbztzi8" /](https://pbs.twimg.com/media/DbyiLljVMAAL3WR.jpg)
Kristin, MFA ✍🏾 on X: "AD/AS Inflationary Gap The gap between the level of real GSP and potential output when real GDP is greater than potential, is called an inflationary gap. https://t.co/5Vfkbztzi8" /
![What is the recessionary gap and inflationary gap? Explain the following concepts in detail. Use formulas or diagrams that could complete your description. | Homework.Study.com What is the recessionary gap and inflationary gap? Explain the following concepts in detail. Use formulas or diagrams that could complete your description. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/rigaps2220435061622489400.jpg)
What is the recessionary gap and inflationary gap? Explain the following concepts in detail. Use formulas or diagrams that could complete your description. | Homework.Study.com
![12.6 – The Multiplier Effect and the Recessionary and Inflationary Gaps – Principles of Economics: Scarcity and Social Provisioning (3rd Ed.) 12.6 – The Multiplier Effect and the Recessionary and Inflationary Gaps – Principles of Economics: Scarcity and Social Provisioning (3rd Ed.)](https://openoregon.pressbooks.pub/app/uploads/sites/245/2022/04/9.jpg)
12.6 – The Multiplier Effect and the Recessionary and Inflationary Gaps – Principles of Economics: Scarcity and Social Provisioning (3rd Ed.)
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