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Deflationary and inflationary gaps Deflationary and inflationary gaps The deflationary gap W, J The deflationary gap W J O Ye Y W, J The deflationary gap Deflationary gap…

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Documents 1997 - 1998. Economic success Annual GDP growth in the ASEAN-5 (Indonesia, Malaysia, the...

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Slide 1N. G R E G O R Y M A N K I W Premium PowerPoint ® Slides by Ron Cronovich 2008 update © 2008 South-Western, a part of Cengage Learning, all rights reserved 22 P…

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1.Price Stability Types of price rise- Creeping-2 percent annually Walking-5 percent annually Running-10 percent annually Galloping or Hyper Inflation-more than 10 percent…