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Glossary > G > "GDP Gap" Definition

GDP Gap

The sacrificed output within a country"s economy due to the failure to create sufficient jobs for all those willing to work.

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GDP Gap - The sacrificed output within a country"s economy due to the failure to create sufficient jobs for all those willing to work.

GDP Gap : the sacrificed output within a country"s economy due to the failure to create sufficient jobs for all those willing to work.