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प्रश्न
Who introduced the concept of the Inflationary Gap?
विकल्प
Adam Smith
J.M. Keynes
Alfred Marshall
Milton Friedman
MCQ
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उत्तर
J.M. Keynes
Explanation:
J.M. Keynes introduced the concept of the Inflationary Gap in his pamphlet "How to Pay for the War", where he observed that excess government wartime spending over available goods caused prices to rise.
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