The fiscal policy target for achieving full employment when an inflationary gap exists is known as the

Name: The fiscal policy target for achieving full employment when an inflationary gap exists is known as the
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An inflationary gap occurs when aggregate demand exceeds aggregate supply at full employment, leading to inflation. The fiscal policy target to address this is the AD excess, which needs to be reduced to achieve full employment without inflation.

The Fiscal Policy Target for Achieving Full Employment When an Inflationary