Explainers

• December 24, 2021

  Understanding the output gap

  The output gap is the difference between what an economy actually produces and what it would produce in an ideal world.

  Content Type(s): Explainers Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation
• December 24, 2021

  Understanding productivity

  High productivity helps raise our standard of living and keep our economy competitive.

  Content Type(s): Explainers Subject(s): Monetary policy, Economy/Economic growth, Inflation