Economics · Macroeconomics
What is the situation called when aggregate demand is less than aggregate supply at the full employment level?
- 1Inflation
- 2Reflationary gap
- 3Inflationary gap
- 4Deflationary gap✓
Correct answer
Deflationary gap
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics