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Explain the concept of deficient demand with the help of a diagram. Also, discuss the role of open market operations and taxation policy of the government in correcting this situation.
Revision_3 - A. Explain how a deflationary gap might occur. Deflationary gap is basically the difference between the output level of full employment and | Course Hero
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Discuss, in brief, the meanings of deficient demand and deflationary gap with the help of a diagram. Also, discuss the effect - Question 4, 9. Excess Demand and Deficient Demand, Introductory Macroeconomics - Class 12 | Brainly
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NCERT Solutions for Class 12 Macro Economics Excess Demand and Deficient Demand - Learn CBSE
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Using an appropriate diagram explain how a government may attempt to close a deflationary gap. - A-Level Economics - Marked by Teachers.com
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