Economics (AS & A Level) · May / June 2023 · Paper 33 · Question 20
9708The circular flow of income
In the diagram, OP is the equilibrium level of income and OQ is the full employment level of income in a closed economy. What is the deflationary gap?
- APQ
- BRV
- CTV
- DUV
As printed in the paper
Show the answer
Correct answer: D. UV
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