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Economics · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 1 · Q3
Inflationary gap in an economy may exist when _________ at full employment level. (Choose the correct alternative to fill in the blank)
Official answer
From CBSE’s own marking scheme for this paper.
(A)
Actual Aggregate Demand > Potential Aggregate Demand
Marking-scheme solution
(A)
Actual Aggregate Demand > Potential Aggregate Demand
Practice Determination of Income and Employment →All Determination of Income and Employment questions
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CBSE Class 12 Economics past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.