Environmental Sciences, asked by himanshudhama37, 9 months ago

1. Identify two situations when actual output is less than potential output.
- These are​

Answers

Answered by narindersysteam
2

Answer:

A situation where the company has employed underqualified personell are likely to experience less actual output than the potential output since the input from the underqualified persons yields lower fruits.

Answered by varshithaedla055
1

Answer:

This occurs when actual output is less than potential output gap. This is also called a deflationary (or recessionary) gap. In this situation, the economy is producing less than potential. There will be unemployment, low growth and/or a fall in output.

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