Economy, asked by itzishuthakur, 2 months ago

what EF gap is treated as? specify the two measures taken

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Answered by officialpriyanshu72

Answer:

In the above diagram, EF is termed as inflationary gap. Inflationary or excess demand refers to the excess of aggregate demand over and above its level required to maintain full employment equilibrium in the economy.

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what EF gap is treated as? specify the two measures taken​

Answers

what EF gap is treated as? specify the two measures taken