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'Excess demand creates greater opportunities of employment in the economy' Defend or refute the given statement with valid explanation. - Economics

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प्रश्न

'Excess demand creates greater opportunities of employment in the economy' Defend or refute the given statement with valid explanation.

थोडक्यात उत्तर

उत्तर

I refute the given statement.

Excess demand is a situation when there is no possibility of greater employment opportunities as economy, is already at full employment level.

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