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Explain the concept of Inflationary Gap. Explain the role of Repo Rate in reducing this gap.ORExplain the concept of Deflationary Gap and the role of Open Market Operations in reducing this gap.
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Explain a concept of deflationary gap with the help of a diagram.orDraw a diagram showing deflationary gap. from Economics Determination of Income and Employment Class 12 CBSE
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Inflationary and deflationary gaps
