Economy, asked by kiransahni98, 5 months ago

what is meant by deficient demand in macroeconomics?State two measures to correct it.

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Answered by bhavyar913

When in an economy aggregate demand falls short of aggregate supply at full employment level, the demand is said to be deficient demand and the gap is called deflationary gap. Question 5. State two measures by which a central bank can attempt to reduce the inflationary gap.

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