Question

When Aggregate demand is less than Aggregate supply to reach full employment level, it is called: ਜਦੋਂ ਕੁੱਲ ਮੰਗ, ਪੂਰਨ ਰੁਜ਼ਗਾਰ ਲਈ ਜ਼ਰੂਰੀ ਕੁੱਲ ਪੂਰਤੀ ਤੋਂ ਘੱਟ ਹੁੰਦੀ ਹੈ, ਤਾਂ ਇਸ ਤਰ੍ਹਾਂ ਦੀ ਕੁੱਲ ਮੰਗ ਨੂੰ ਕੀ ਕਿਹਾ ਜਾਂਦਾ ਹੈ?जब कुल मांग ,पूर्ण रोजगार स्तर तक पहुंचने के लिए कुल पूर्ति से कम हो, तो इस प्रकार की कुल मांग को क्या कहा जाता है? *

Full Demand ਪੂਰਨ ਮੰਗ कुल मांग

Excess Demand ਵੱਧ ਮੰਗ अतिरिक्त या अधिक मांग

Zero Demand ਸਿਫਰ ਮੰਗ शून्य मांग

Deficient Demand ਘੱਟ ਮੰਗ कम मांग


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Answer 1

Answer:

Deficient Demand

Explanation:

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Answer 2

Answer:

Aggregate Demand in Keynesian Analysis

The Keynesian perspective focuses on aggregate demand. The idea is simple: firms produce output only if they expect it to sell. Thus, while the availability of the factors of production determines a nation’s potential GDP, the amount of goods and services actually being produced and sold, i.e. real GDP, depends on how much demand exists across the economy. Suppose GDP is less than potential. Then changes in aggregate demand translate directly into changes in GDP, with no change in the price level. In short, real GDP is determined only by aggregate demand, not aggregate supply.