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Inflationary gap and deflationary gap How …

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Inflationary gap and deflationary gap How to Comed it Though monetary & fiscal measures

Posted by Pranab Deuri 1 year, 11 months ago

CBSE > Class 12 > Economics

1 answers

Preeti Dabral 1 year, 11 months ago

The excess of aggregate demand above the level that is required to maintain full employment level of equilibrium is termed as inflationary gap. The shortfall of aggregate demand below the level that is required to maintain full employment level of equilibrium is termed as a deflationary gap.

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