Explain equilibrium in goods market and financial market in hindi
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Equilibrium is the state in which market supply and demand balance each other, and as a result, prices become stable. Generally, an over-supply for goods or services causes prices to go down, which results in higher demand.
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It is the exact price set equal to the market demand of a product. -In the money market this is achieved when the pricing rates of the demanded money quantity is equated to the money supplied. Equilibrium in the money market is achieved when the demand for money is equal to the supply of money.
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