Question:
If aggregate demand exceeds aggregate supply at full employment level, the gap which occurs is known as
If aggregate demand exceeds aggregate supply at full employment level, the gap which occurs is known as
Updated On: Mar 12, 2025
- Deflationary gap
- Excess demand
- Excess supply
- Inflationary gap
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The Correct Option is D
Solution and Explanation
The correct option is (D) :Inflationary gap.
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