1.

Fill in the blank with appropriate alternatives given belowIntersection between aggregate demand and aggregate supply curves determines the point of __________ demand.compositecomplementaryjointeffective

Answer»

Intersection between aggregate demand and aggregate supply curves determine the point of effective demand.

Explanation:

Effective demand is the actual demand for goods and services by the people in an economy. It is determined at the point where aggregate demand intersects aggregate supply.



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