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Explain the meaning of inflationary gap and deflationary gap. Explain any one measure by which these gaps can be reduced.
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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
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3.2 (Macro) Creating & eliminating deflationary gap (monetarist/new classical model); 3.3 Deflation - YouTube
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