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Explain the concept of Inflationary Gap. Explain the role of Repo Rate in reducing this gap.ORExplain the concept of Deflationary Gap and the role of Open Market Operations in reducing this gap.
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Inflationary and Deflationary gap [A Level]
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Inflationary and deflationary gaps
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22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
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Distinguish between inflationary gap and deflationary gap. Can deflationary gap exist at equilibrium level of income? from Economics Determination of Income and Employment Class 12 CBSE
