Max Headroom (character) Max Headroom is the name of a fictional faux computer-generated character, known for his wit and stuttering, distorted, electronically-sampled voice. The character was created by George Stone, Annabel Jankel and Rocky Morton and portrayed by Matt Frewer.
Equity or economic equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.
The measure compares the actual GDP (output) of an economy and the potential GDP (efficient output). When the economy is running an output gap, either positive or negative, it is thought to be running at an inefficient rate as the economy is either overworking or underworking its resources.Economic theory suggests that positive output gap will lead to inflation as production and labor costs rise. RELATED TERMS.hen the economy is running an output gap, either positive or negative, it is thought to be running at an inefficient rate as the economy is either overworking or underworking its resources. Economic theory suggests that positive output gap will lead to inflation as production and labor costs rise. RELATED TERMS.