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Disequilibrium

Published on Nov 23, 2015

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DISEQUILIBRIUM

BY ZARIZ MULLINS
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Definition:

When the quantity supplied is not equal quantity demanded in the market.

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EXAMPLES

  • Many people say that there has been"recession"
  • Recession is one way u can descibe disequilibrium
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ALSO...

  • Disequilibrium can have only (2) outcomes
  • (1) excess demand
  • (2) excess supply
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Zaria Mullins