Deficient demand leads to:

CA Foundation · Business Economics · MTP · June 2024
Deficient demand leads to:
(A) A. inflationary gap
(B) B. deflationary gap
(C) C. both (a) and (b)
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. deflationary gap

Topics: Determination of National Income

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