What happens when there is a demand deficiency in an economy?

Related MCQs

• The demand of a commodity is a direct demand but the demand of a factor of production is called a -
• The demand for two or more commodities or factor of production that are used together so that a change in demand for one will be reflected in a change in demand for other e.g., cloth and thread is called
• When there is a change in demand leading to a shift of the Demand Curve to the right, at the same price as before, the quantity demanded will -
• 'Law of demand' implies that when there is excess demand for a commodity, then
• The part of the economy in which economy activity is carried on by private enterprise is termed:
• The situation in which aggregate demand in the economy is growing at a rate reliable to lead to inflation is called:
• Which among the following statements is not true when there is an increase in interest rate in an economy?
• When percentage change in demand for a commodity is less than percentage change in its price, then demand is said to be -
• If the change in demand for a commodity is at a faster rate than change in the price of the commodity, the demand is -
• Inwhich market structure is the demand curve of the market represented by the demand curve of the firm?