Economy, asked by sk5683874, 11 months ago

how the equilibrium struck in the economy?​

Answers

Answered by singhdevradharmendra
1

Answer:

It is the level of output where producers plan to produce the amount of good is equal to consumers plan to purchase the amount of good. Thus, equilibrium is struck where planned output (AS) is equal to planned expenditure (AD) during a period of time.

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