Distinction between Inflationary Gap and Deflationary Gap | Income Determinaton | Notes | Summary - Zigya

Book Store

Download books and chapters from book store.
Currently only available for.
CBSE

Previous Year Papers

Download the PDF Question Papers Free for off line practice and view the Solutions online.
Currently only available for.
Class 10 Class 12
Advertisement

Determination of Income and Employment

Quickly browse through questions and notes on related topics. You can also download and read this topic offline.


Advertisement

Distinction between Inflationary Gap and Deflationary Gap

Inflationary Gap: Inflationary gap is the gap by which actual aggregate demand exceeds the level of aggregate demand required to establish full employment. It measures the amount of excess of aggregate demand.

Deflationary Gap: Deflationary gap is the gap by which actual aggregate demand is less than the level of aggregate demand required to establish full employment. It measures the amount of deficiency of aggregate demand.

Advertisement