What is meant by "Excess Demand" in Marcroeconomics.

What is meant by "Excess Demand" in Marcroeconomics.

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

When at the full employment level of income AD exceeds AS, the difference is called Excess Demand.

4 views Answered 2023-02-05 15:29

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