Solved UPSC CDS/OTA Question
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Q · InflationMedium · 45s
A ‘deflationary gap’ implies:
TopicInflation
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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The deflationary gap shows insufficient demand.
Final Answer: Option B — Aggregate demand < Aggregate supply at full employment