Economic Shortage

An Economic Shortage is an economic situation that ...

• AKA: Excess Demand.
• Example(s):
  • Labor Shortage.
  • …
• Counter-Example(s):
  • Economic Surplus.
• See: Currency Crisis, Excess Supply.

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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).

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