Question

define full employment in an economy discuss the situation when aggregate dimand is more than aggregate supply at employment income level. ​

Answer 1

Answer:

Hey! This is your answer

Explanation:

When Aggregate Demand is greater than Aggregate Supply at full employment, such a situation is known as Excess Demand or Inflationary Gap. It is called inflationary because this leads to a rise in general price level of the economy.

Answer 2

Answer:

the employment in an economy has to agreegate dimand is more than agreegate supply

Explanation:

1. if any employment in an economy has to agreegate they can say there point of view.
2. if any employment of an economy is ready to take the decision the person who is taking the decision he or she have to ask all the employment whether they were agree or disagree.