What are the problem of excess demand and deficient demand – InterviewSolution

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1.	What are the problem of excess demand and deficient demand
Answer» The deficient DEMAND causes deflation and under employment. The ECONOMY gets trapped in low INCOME equilibrium. Excess Demand:- The SITUATION of an economy, when Aggregate Demand is more than the Aggregate Supply corresponding to full employment, it is termed as excess demand situation.

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