Definition of inflationary gap
: an excess of total disposable income over the value of the available supply of goods at a specified price level sufficient to cause an inflation of prices — compare deflationary gap
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“Inflationary gap.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/inflationary%20gap. Accessed 18 Aug. 2022.
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