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How does excess of aggregate demand compared to aggregate supply affect the level of income? - Economics

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प्रश्न

How does excess of aggregate demand compared to aggregate supply affect the level of income?

अति संक्षिप्त उत्तर
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उत्तर

As long as full employment is not achieved, it will result in an increase in income levels.

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अध्याय 22: Problems of Deficient Demand and Excesss Demand - TEST QUESTIONS [पृष्ठ २२.११]

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आर. के. लेखी और पी. के. धर Economics [English] Class 12 ISC
अध्याय 22 Problems of Deficient Demand and Excesss Demand
TEST QUESTIONS | Q A. 10. | पृष्ठ २२.११
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