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Merits of Monopoly includes high level of skill and efficiency and also research and development. There is also single control in market. 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. |