Practicing Success
Deficit Demand Occurs when : (A) Equilibrium level of output is less than full employment level (B) When AD < AS (aggregate Demand less than Aggregate Supply) (C) When output decreases (D) Demand is not enough to employ all factors of production (E) Prices will decline in the long run Choose the correct answer from the options given below : |
(A), (B), (D), (E) only (A), (C), (D), (E) only (B), (C), (D), (E) only (A), (B), (C), (D) only |
(A), (B), (D), (E) only |
The correct answer is option (1) : (A), (B), (D), (E) only |