inflationary gap

noun

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

Nearby words

  1. inflated,
  2. inflatedly,
  3. inflation,
  4. inflation theory,
  5. inflationary,
  6. inflationary spiral,
  7. inflationary universe,
  8. inflationism,
  9. inflationist,
  10. inflect

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