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Define deflationery Gap

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Define deflationery Gap
  • 2 answers

Divya Jain 4 years, 7 months ago

It refers to fall in actual aggreagte demand at the level of full employment.

Bhavana Tiwari 4 years, 7 months ago

It is a gap showing deficient of current aggregate demand over aggregate supply at the level of full employment . It is called deflationary gap
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