As shown in the diagram, deficient demand occurs when AD< AS .
Full employment level of demand is indicated {{AD}_{1}}. If demand level happens to be
{{AD}_{2}},
the gap between {{AD}_{1}}
and {{AD}_{2}} is equal to ab.
Deficient Demand = abc.
As shown in the diagram, deficient demand occurs when AD< AS .
Full employment level of demand is indicated {{AD}_{1}}. If demand level happens to be
{{AD}_{2}},
the gap between {{AD}_{1}}
and {{AD}_{2}} is equal to ab.
Deficient Demand = abc.