what is mean by deficient demand in the economy? explain the rule of open market operation in correcting the situation of deficient demand
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hey mate here is ur answer...
During the situation of deficient demand, the level of aggregate demand in the economy is less than the full employment level of output.
Following measures may be adopted to correct the deficient demand:
1..Increase in Government Spending
2..Increase in Availability of Credit:
hope it helps you
During the situation of deficient demand, the level of aggregate demand in the economy is less than the full employment level of output.
Following measures may be adopted to correct the deficient demand:
1..Increase in Government Spending
2..Increase in Availability of Credit:
hope it helps you
pandeyvedika567k:
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