Inflationary Gap - Definition, Graph, Formula, Examples
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Inflationary and deflationary gaps
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![Inflationary and Deflationary gap [A Level]](https://www.dineshbakshi.com/images/stories/economics_diagrams/deflationary-gap.jpg "Inflationary and Deflationary gap [A Level]")
Inflationary and Deflationary gap [A Level]
Suppose an economy has an inflationary gap. a. Illustrate this using a graph with LRAS, SRAS, and AD curves. Identify the equilibrium price level, real GDP, and the output gap in your
Inflationary Gap - Definition, Graph, Formula, Examples
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Explain a concept of deflationary gap with the help of a diagram.orDraw a diagram showing deflationary gap. from Economics Determination of Income and Employment Class 12 Goa Board
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