Economy, asked by jaskarans37967, 5 months ago

When aggregate demand is less than aggregate supply to reach full employment level it is called

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Answered by Anonymous

ᴛʜᴇ sɪᴛᴜᴀᴛɪᴏɴ ᴡʜᴇɴ ᴀɢɢʀᴇɢᴀᴛᴇ ᴅᴇᴍᴀɴᴅ ɪs ʟᴇss ᴛʜᴀɴ ᴀɢɢʀᴇɢᴀᴛᴇ sᴜᴘᴘʟʏ ᴄᴏʀʀᴇsᴘᴏɴᴅɪɴɢ ᴛᴏ ᴛʜᴇ ғᴜʟʟ ᴇᴍᴘʟᴏʏᴍᴇɴᴛ ʟᴇᴠᴇʟ ᴏғ ᴏᴜᴛᴘᴜᴛ ɪɴ ᴛʜᴇ ᴇᴄᴏɴᴏᴍʏ ɪs ᴄᴀʟʟᴇᴅ ᴅᴇғɪᴄɪᴇɴᴛ ᴅᴇᴍᴀɴᴅ.❤

Answered by rohankedar1998

Answer:

The situation when aggregate demand is less than aggregate supply corresponding to the full employment level of output in the economy is called deficient demand.

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When aggregate demand is less than aggregate supply to reach full employment level it is called