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

See Examples For:

inflationary gap

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

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

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