Deflationary and Inflationary Gaps Deflationary and inflationary gaps The deflationary gap O Y W W, J J Ye The deflationary gap O Y W W, J J Ye YF Deflationary gap c d The deflationary gap O Y W, J, E Ye YF Y E The deflationary gap O Y Ye YF Y E a b Deflationary gap W, J, E The deflationary gap O Y W J Ye YF c d Y E a b Deflationary gap W, J, E The deflationary gap Deflationary and inflationary gaps The inflationary gap O Y W W, J Ye J The inflationary gap O Y W W, J Ye YF J The inflationary gap