Tag: the short run fixed price analysis of the product market
Questions Related to the short run fixed price analysis of the product market
When the aggregate spending is not sufficient to produce that level of output which requires full employment of the available resources, it results in ______________.
The equilibrium below full employment level is termed as _____________.
_____________ may be defined as the situation when all those persons who are willing to work at the prevailing wage rate are getting work and are employed.
Excessive aggregate spending leads to full employment level of output accompanied with ____________.
Unemployment prevailing in Indian farms is _______.
Fill in the blanks from the alternatives given in the brackets.
Post graduate working as a peon is called ______.
When due to introduction of new machinery, some workers tend to be replaced by machines, it is termed as ____________ unemployment.
Aggregate Supply and __________ are always equal.
The gap by which actual aggregate demand exceeds the aggregate supply required to establish full employment equilibrium is known as ______.
Effective demand is determined at the point of equality between aggregate demand and aggregate supply.