![7.3: Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium - Social Sci LibreTexts 7.3: Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium - Social Sci LibreTexts](https://socialsci.libretexts.org/@api/deki/files/10082/7b62fdbf653dfcb85fd08b78b15b6275.jpg?revision=1&size=bestfit&width=497)
7.3: Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium - Social Sci LibreTexts
![Kristin 👩🏾🎓 on Twitter: "AD/AS Inflationary Gap The gap between the level of real GSP and potential output when real GDP is greater than potential, is called an inflationary gap.… https://t.co/dRKL1NKn9y" Kristin 👩🏾🎓 on Twitter: "AD/AS Inflationary Gap The gap between the level of real GSP and potential output when real GDP is greater than potential, is called an inflationary gap.… https://t.co/dRKL1NKn9y"](https://pbs.twimg.com/media/DbyhtTJUQAA9tXo.jpg)
Kristin 👩🏾🎓 on Twitter: "AD/AS Inflationary Gap The gap between the level of real GSP and potential output when real GDP is greater than potential, is called an inflationary gap.… https://t.co/dRKL1NKn9y"
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Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium - Calango Free Online Courses
![Using a money market diagram and a diagram of aggregate demand and aggregate supply, explain how the Reserve Bank of Australia (RBA) can eliminate an inflationary gap. Be sure to include in Using a money market diagram and a diagram of aggregate demand and aggregate supply, explain how the Reserve Bank of Australia (RBA) can eliminate an inflationary gap. Be sure to include in](https://study.com/cimages/multimages/16/77777777777777888888888888888888881988754949363308142.jpg)
Using a money market diagram and a diagram of aggregate demand and aggregate supply, explain how the Reserve Bank of Australia (RBA) can eliminate an inflationary gap. Be sure to include in
![Draw and aggregate supply and aggregate demand graph showing a recessionary gap. Explain how the interventionists would restore long-run equilibrium. | Study.com Draw and aggregate supply and aggregate demand graph showing a recessionary gap. Explain how the interventionists would restore long-run equilibrium. | Study.com](https://study.com/cimages/multimages/16/nishant18423959047229151767841.jpg)
Draw and aggregate supply and aggregate demand graph showing a recessionary gap. Explain how the interventionists would restore long-run equilibrium. | Study.com
![7.3: Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium - Social Sci LibreTexts 7.3: Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium - Social Sci LibreTexts](https://socialsci.libretexts.org/@api/deki/files/10080/31e6488993c5b56a066593d5cd5d2724.jpg?revision=1&size=bestfit&width=497)
7.3: Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium - Social Sci LibreTexts
![7.3: Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium - Social Sci LibreTexts 7.3: Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium - Social Sci LibreTexts](https://socialsci.libretexts.org/@api/deki/files/10081/3691f7d4a437be5b23d0753a0408ed78.jpg?revision=1&size=bestfit&width=497)