Economy, asked by Harrypotter723, 6 months ago

what happens to the level of income when there is deficient demand?

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Answered by YashodharPalav5109

Answer:

Impact of Deficient Demand:

Impact of Deficient Demand:Deficient demand creates many difficulties in the economy due to its deflationary nature. Generally, deficient demand adversely affects the level of output, employment and price level in the economy.

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what happens to the level of income when there is deficient demand? ​

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what happens to the level of income when there is deficient demand?