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Explain the concept of deficient demand with the help of a diagram. Also, discuss the role of open market operations and taxation policy of the government in correcting this situation.
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Explain the concept of Inflationary Gap. Explain the role of Repo Rate in reducing this gap.ORExplain the concept of Deflationary Gap and the role of Open Market Operations in reducing this gap.
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22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
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What is deflationary gap explain it with the help of diagram and suggest some fiscal measures to correct it - Economics - Determination of Income and Employment - 14326155 | Meritnation.com
Explain the meaning of Deflationary Gap with the help of a diagram. - Sarthaks eConnect | Largest Online Education Community
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22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
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Illustrate the following graphically. a. Fiscal policy eliminates an inflationary gap. b. Fiscal policy destabilizes the economy. c. Fiscal policy only partly eliminates a recessionary gap. | Homework.Study.com
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22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
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