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Card 1 of 22

The long-term trend rate of growth is the average rate at which [     ] rises over time.

A

aggregate demand

B

potential output

C

actual output

D

nominal output

Card 1 of 22

2.5.2 Output gaps Flashcards

  1. A Level
  2. /Economics
  3. /2.5.2 Output gaps

22 flashcards on Edexcel A A Level Economics 2.5.2 Output gaps: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

Flashcards