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What Did Keynes Mean by an Inflationary and Deflationary Gap

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What did Keynes mean by an inflationary and deflationary gap?


Definitions:

Stainless Steel

An alloy of iron and chromium that is resistant to rust, staining, and corrosion.

Damage Prevention

Actions or strategies aimed at stopping harm or degradation, especially in the context of physical properties or health.

Squeezed

The action of applying pressure from all sides, often to extract liquid or alter its shape.

Thumb Handle

A handle designed to be grasped or operated with the thumb, typically found in various tools or implements.

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