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

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Example Sentences

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

From Washington Post

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

Economists call this the inflationary gap; to Jimmy Byrnes it must seem less a gap than a yawning and terrible crevasse.

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

Though OPA last week estimated that the new restrictions would mop up $2 to $2.5 billions in potential credit, the inflationary gap between purchasing power and available consumers goods is already so huge that even a no-credit-at-all order would not solve the problem.

From Time Magazine Archive