Question : What does point E and G symbolises?
Option 1: Over full employment equilibrium and full employment equilibrium.
Option 2: Under employment equilibrium and over full employment equilibrium.
Option 3: Full employment equilibrium and under employment equilibrium
Option 4: Full employment equilibrium and over full employment equilibrium.
Correct Answer: Full employment equilibrium and over full employment equilibrium.
Solution :
Hence, Option D is correct.
Question : What does point E and F symbolises?
Question : The gap between E and B represents-
Question : The gap between E and S represents-
Question : It refers to a situation when demand is equal to aggregate supply beyond the full employment level. It occurs after the full employment level.
Question : It refers to a situation where the aggregate demand is equal to aggregate supply at full employment level.
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