Economy, asked by mohdtayyabkhan1, 10 months ago

Explain the situation of deficit demand in an economy with the help of a diagram.​

Answers

Answered by msakhtar921366
2

Explanation:

The situation of deficient demand arises when planned aggregate expenditure falls short of aggregate supply at the full employment level. It gives rise to deflationary gap. ... As seen in the diagram, income, output and employment are measured on the X-axis and aggregate demand is measured on the Y-axis

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