tutor2u | The Output Gap

Study Notes

The Output Gap

AS, A Level, IB
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 3 Jul 2018

The output gap is the difference between the actual level of GDP and its estimated potential level. It is usually expressed as a percentage of the level of potential output.

UK Economy Output Gap 2018 Update - Revision Video

Output Gap 2018 Update - Revision Video


Exam support for 2022

Online Grade Booster Courses for A-Level Exams in May & June 2022

Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams

Enrol now

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.