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Q. Inflationary Gap is a defined by

  • (A) Inflation coupled with recession
  • (B) Inflation that usually prevails in a developing country
  • (C) Gap between Galloping Inflation and Runaway Inflation
  • (D) Excess of Aggregate Demand over Aggregate Supply at the full employment level
  • Correct Answer - Option(D)
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  • Filed under category Economic
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