Economic Shortage
(Redirected from Excess Demand)
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An Economic Shortage is an economic situation that ...
- AKA: Excess Demand.
- Example(s):
- Counter-Example(s):
- See: Currency Crisis, Excess Supply.
References
2023
- (Wikipedia, 2023) ⇒ https://en.wikipedia.org/wiki/Shortage Retrieved:2023-1-16.
- In economics, a shortage or excess demand is a situation in which the demand for a product or service exceeds its supply in a market. It is the opposite of an excess supply (surplus).