Edexcel International AS and A level Economics XEC11/YEC11 · 2.3.5.4.b
The distinction between positive and negative output gaps
- Code
- 2.3.5.4.b
- In
- 2.3.5.4 Output gaps
- Topic
- 2.3 Macroeconomic performance and policy
- Course
- International AS and A level Economics XEC11/YEC11
- Board
- Edexcel
Grade boundaries·Edexcel command words
Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.
Points in 2.3.5.4 Output gaps
- 2.3.5.4.a The difference between actual growth rate and long-term trends in growth
- 2.3.5.4.b The distinction between positive and negative output gaps
- 2.3.5.4.c Characteristics of positive and negative output gaps
- 2.3.5.4.d Difficulties of measuring output gaps