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inflationary gap

British  

noun

  1. the excess of total spending in an economy over the value, at current prices, of the output it can produce

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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In other words, the FOMC’s plans do not even call for keeping up with the rising inflationary gap.

From Washington Post ● Mar. 17, 2022

What, then, was all this talk that something had to be done to close an inflationary gap which Leon Henderson estimated at $17,000,000,000?

From Time Magazine Archive

By midsummer, thinks Defense Mobilizer Charles Wilson, all that money jingling in U.S. jeans and a reduced supply of consumer goods' will create a $10 to $20 billion "inflationary gap."

From Time Magazine Archive

But proponents of enforced savings argued that even the sale of $6 billion in war bonds in the remainder of the year would not close the conservatively estimated $17 billion inflationary gap.

From Time Magazine Archive

All this was part of the Government's program for closing a bit of the inflationary gap by making people pay off their old debts before running up new ones.

From Time Magazine Archive

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