Question

What is ‘deficient demand’? ​

Answer 1

Deficient demand refers to the situation when aggregate demand(AD) is less than the aggregate supply (AS) corresponding to full employment level of output in the economy. ... The situation of deficient demand arises when planned aggregate expenditure falls short of aggregate supply at the full employment level.

Answer 2

hey!!

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☆Answer!!☆

• Deficient Demand is the amount by which the aggregated demand falls short of aggregate supply at full employment level. It causes fall in price level.

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