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Answer to Question #226444 in Macroeconomics for Mahmudul hasan

Question #226444

Does Japan have an inflationary gap or a recessionary gap and what is its magnitude?


1
Expert's answer
2021-08-16T08:56:54-0400

Japan has an output gap that is an inflationary gap.

 The size of the inflationary gap is yen 100 trillion.


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