Difference between Access demand (AD>AS) and Deficient demand (AD<AS): S.No. Access demand (AD>AS) Deficient demand (AD<AS) 1 It refers to the situation where AD is more than AS correspondingly to full employment level of output in an economy. It refers to the situation where AD is less than AS correspondingly to full employment level of output in an economy. 2 It causes inflationary gap. It causes deflationary gap. 3 Inflationary gap refers to a state in which actual AD exceeds the required AD to establish full employment equilibrium. Deflationary gap refers to a state in which actual AD falls short to the required AD to establish full employment equilibrium. 4 It happens because of increase in investment expenditure. It happens because of decrease in investment expenditure. Access demand curve: In the above diagram, output is measured on x-axis
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