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Production Possibility Curve shows alternative production possibilities of two goods with the given resources and technique of production. Total No of Views : |
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Deflationary Gap A deflationary gap exists when there is insufficient demand available in the economy to generate a full-employment equilibrium. |
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Personal Disposable Income( National Income) Personal Disposable Income is the income remaining with individuals and households after deduction of all taxes levied against their income and their property by the government. |