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Define deflationery Gap

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Define deflationery Gap

Posted by Ashu Swami 3 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Divya Jain 3 years, 11 months ago

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

Bhavana Tiwari 3 years, 11 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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