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

Economics

JAMB 1993

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

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

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Correct Answer: Option A

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

Correct Answer: Option A

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