framleiðsluhalla
Framleiðsluhalli refers to a situation in economics where the actual output of an economy falls short of its potential output. Potential output is the maximum sustainable level of goods and services an economy can produce when all its resources, such as labor and capital, are fully and efficiently employed. When an economy experiences a framleiðsluhalli, it means there is a gap between what could be produced and what is actually being produced.
This gap can arise due to various factors, including insufficient aggregate demand, structural rigidities in the
Policymakers often monitor the framleiðsluhalli as an indicator of economic health and to inform decisions regarding