12-17-2004, 11:26 PM
yaar i know what its effects are and when it occurs
my question is
if i have to measure it(quantitatively) then what it would be equal to?
like arithmatic
is it difference between
1---# national income at equilibrium
and
the national income at disequilibrium.i.e national income during inflation or deflaton
2# the aggregate quantitative demand during equilibtrum
and
during disequilibrium
like on which axis ,with which units...is these gaps measured???
my question is
if i have to measure it(quantitatively) then what it would be equal to?
like arithmatic
is it difference between
1---# national income at equilibrium
and
the national income at disequilibrium.i.e national income during inflation or deflaton
2# the aggregate quantitative demand during equilibtrum
and
during disequilibrium
like on which axis ,with which units...is these gaps measured???