Advertisements
Advertisements
Question
Deficient demand leads to ______
Options
Deflationary gap
Excess capacity
Low level of employment
All of the above
MCQ
Fill in the Blanks
Solution
All of the above
Explanation:
Deficient demand occurs when aggregate demand (AD) falls short of aggregate supply (AS), resulting in full employment in an economy.
shaalaa.com
Is there an error in this question or solution?