Economists have announced that the country is experiencing a deflationary gap. W

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    Economists have announced that the country is experiencing a deflationary gap. What economic symptoms or indicators would make the economists draw this conclusion? At this point does AE exceed AO or fall below it?
    Name and explain two MONETARY policy tools the Bank of Canada can use to close the gap you identified above.
    Economists have announced that the country is experiencing a deflationary gap. What economic symptoms or indicators would make the economists draw this conclusion? At this point does AE exceed AO or fall below it?
    Name and explain two MONETARY policy tools the Bank of Canada can use to close the gap you identified above.
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