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प्रश्न
Explain the concept of Deflationary Gap
Define deflationary gap.
उत्तर
Deficient demand means a situation when the aggregate demand is short of the aggregate supply corresponding to full employment in the economy. It leads to a fall in the general price level and results in deflation, i.e. AD < AS. This is the situation of the deflationary gap.
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संबंधित प्रश्न
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