Economy, asked by kiranroy0913, 7 months ago

what happens if AD>QS prior to full employment level?​

Answers

Answered by thashmitha32
6

Answer:

ADVERTISEMENTS: It refers to a situation when the aggregate demand is equal to the aggregate supply when the resources are not fully employed. It occurs prior to the full employment level. ... 8.4, AD1 = AS at point 'F which is lower than full employment level.

Explanation:

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