e link with inflation has become tenuous. [Output gap since 1960 15 10 S I-I • -I •-• ...... ei in CO •-• 'e P. O in 1.O O1 P4 cri 1O ID 1.O CO CO CO CO O1 g m O W. CP O1 O1 O1 O1 O1 O1 O1 output gap since 1960 00 N. 0 en g 8 g 8 0 0 Sane 1W Woonberg fewer IP inze Doteschr 'Output gap on tre

link with inflation has become tenuous. [Output gap since 1960 15 10 S ▪ I-I • -I •-• ...... • Ul CO •-• 'e P. O in 1.O O1 P4 cri 1O ID 1.O CO CO CO CO O1 g m OW. CP O1 O1 O1 O1 O1 O1 O1 output gap since 1960 00 N. 0 en g 8 g 8 0 0 Sane 1W Woonberg fewer IP inze Doteschr 'Output gap on tren