No products in the cart.

What is deflationary gap

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

What is deflationary gap
  • 1 answers

Preeti Dabral 1 year, 11 months ago

Deflationary gap is the shortfall in AD from the level required to maintain full employment equilibrium in the economy. In other words, it is equal to the difference between AD at full employment and AD at underemployment. In such a situation, there is involuntary unemployment in the economy.

http://mycbseguide.com/examin8/

Related Questions

What is deficit ?
  • 1 answers
Economic Reforms Since 1991 notes
  • 0 answers
Explain the limitation of GDP as wellfare
  • 1 answers
What is receipt?
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App