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Define inflationary nd deflationary gap?

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Define inflationary nd deflationary gap?
  • 2 answers

Nitasha Yadav 6 years, 7 months ago

Influent recaptcha refers to a situation when plant expenditure more than planned supply in the economy. and deflationary gap refers to a situation when plant supply is more than planned expenditure.

Meghna Walia 6 years, 7 months ago

Inflationary gap refers to the gap when there is excess of aggregate demand over aggregate supply Deflationary gap refers to the gap when there is excess if aggregate supply over aggregte demand
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