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Question
What are the characteristics of Deficit Demand?
Options
Aggregate Demand falls short of Aggregate Demand required at full employment.
Aggregate Demand remains short of Aggregate Supply required of full employment level.
Both Aggregate Demand falls short of Aggregate Demand required at full employment and Aggregate Demand remains short of Aggregate Supply required at full employment level.
None of above
MCQ
Solution
Both Aggregate Demand falls short of Aggregate Demand required at full employment and Aggregate Demand remains short of Aggregate Supply required at full employment level.
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