Examlex
The baroreceptor reflex plays a primary role in the long -term regulation of mean arterial pressure.
Inflationary Gap
The difference between the actual output of an economy and the output it would produce without inflation, indicating an overheated economy.
Recessionary Gap
A situation where the real GDP is lower than the potential GDP at full employment, indicating underutilized resources.
Inflationary Gap
A scenario where aggregate demand exceeds aggregate supply at the level of full employment, leading to an increase in general price levels.
Equilibrium GDP
The level of Gross Domestic Product where aggregate supply equals aggregate demand, indicating an economy in balance without tendency to change.
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