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The deficiency of aggregate demand during depression period leads to ______. -

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Question

The deficiency of aggregate demand during depression period leads to ______.

Options

  • Seasonal unemployment

  • Voluntary unemployment

  • Involuntary unemployment

  • Frictional unemployment

MCQ
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Solution

The deficiency of aggregate demand during depression period leads to involuntary unemployment.

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Voluntary Unemployment and Involuntary Unemployment
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