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Effective demand

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Effective demand
  • 2 answers

Canada'S ?? Julliet Anu 5 years, 10 months ago

It is that level of demand where AD=AS which leads to equilibrium income, output ,employment etc.

Manglesh Kumar 5 years, 10 months ago

Effective demand in a market is the demand for a product or service which occurs when purchasers are constrained in a different market. It contrasts with notional demand, which is the demand that occurs when purchasers are not constrained in any other market.
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