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State excess demand effects. - Economics

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Question

State excess demand effects.

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Solution

Excess demand effects are visible on employment, production and prices.

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Chapter 22: Problems of Deficient Demand and Excesss Demand - TEST QUESTIONS [Page 22.11]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 22 Problems of Deficient Demand and Excesss Demand
TEST QUESTIONS | Q A. 8. (ii) | Page 22.11
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