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Below Equilibrium, The Gap Between Aggregate Demand And The Full Employment Level Of Income Is Called The? - Erudites Academy

Below equilibrium, the gap between aggregate demand and the full employment level of income is called the?

by | Aug 6 | Economics WAEC | 0 comments

A. inflationary gap
B. income gap
C. unemployment gap
D. deflationary gap

Correct Answer:

Option A – inflationary gap

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