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What is the circumstance when aggregate output is determined solely by the level of aggregate demand called? -

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प्रश्न

What is the circumstance when aggregate output is determined solely by the level of aggregate demand called?

विकल्प

  • Investment Multiplier

  • Effective Demand

  • Propensity to Consume

  • Propensity to Save

MCQ

उत्तर

Effective Demand

Explanation:

It is the demand for a product or service that occurs when buyers are restricted in another market.

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