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The difference between the Aggregate Demand at above full employment and Aggregate Demand at full employment is known as ______ -

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Question

The difference between the Aggregate Demand at above full employment and Aggregate Demand at full employment is known as ______ 

Options

  • Inflationary Gap

  • Deflationary Gap

  • Both Inflationary Gap and Deflationary Gap

  • None of the above

MCQ
Fill in the Blanks

Solution

The ‘difference between the Aggregate Demand at above full employment and Aggregate Demand at full employment is known as the Inflationary Gap.

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