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Effects of excess and deficit demand

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Effects of excess and deficit demand

    • Posted by Punam Tamang 5 years, 10 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Jasmine Sharma 5 years, 10 months ago

    Deficit demand- AD less than AS effect: 1.underemployment equilibrium 2.deflationary gap 3.loss of profit 4.undesired stocks

    0Thank You

    Jasmine Sharma 5 years, 10 months ago

    Excess demand - when AD greater than AS. Effects: 1. Inflatinary gap 2. Static gdp 3.loss of profit 4.wage price spiral.

    0Thank You

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