MCQ
When aggregate demand is greater than the aggregate supply, inventories ________.
- Afirst fall than rise
- Brise
- Cfall
- Ddo not change
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| $(1)$ |
Inflationary gap
|
$(i)$ |
Boom, recession, depression, recovery
|
| $(2)$ |
Deflationary gap
|
$(ii)$ |
Excess demand
|
| $(3)$ |
Taxation
|
$(iii)$ |
Deficit demand
|
| $(4)$ |
Business cycle
|
$(iv)$ |
Revenue policy
|