Column A

Column B

A. Deflationary gap

(i) when AD>AS corresponding to full employment level of output in economy

B  legal reserve ratio

(ii) fiscal measures during excess demand

C. excess demand

(iii) aim to influence the total volume of credit in circulation

D. decrease in government spending

(iv) cash reserve ratio and statutory liquidity ratio

E quantitative instruments

(v) gap by which actual AD falls short of AD required to establish full employment equilibrium.