Edexcel International AS and A level Economics XEC11/YEC11 · 2.3.5.4.d

Difficulties of measuring output gaps

Code: 2.3.5.4.d
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

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