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output gap

   Also found in: Financial, Wikipedia 0.01 sec.
output gap [′au̇t‚pu̇t ‚gap]
(electronics)
An interaction gap by means of which usable power can be abstracted from an electron stream in a microwave tube.


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Low core inflation, tight credit conditions and a persistent negative output gap make it appropriate for the current expansionary monetary policy stance to be maintained until late 2010," it said.
Ms Paskins said: "In simple terms, closing the output gap would equate to the West Midlands' economy being pounds 15 billion richer, but to close the gap the region needs to face some very tough challenges.
Economists warned of a potential deflation risk and said it could take at least six years to make up the output gap left by the recession.
 
 
 
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