The impact of "Excess Demande under
keynesian theory of income
and
employment, in
in an
economy are'
Answers
Answered by
1
Answer:
Excess demand has the following effect on output employment and general price level: 1. ... Effect on Employment : There will be no change in the level of employment as the economy is already operating at full employment equilibrium and there is no involuntary unemployment.
Answered by
1
Answer:
Excess demand has the following effect on output employment and general price level: 1. ... Effect on Employment : There will be no change in the level of employment as the economy is already operating at full employment equilibrium and there is no involuntary unemployment.
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