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April 30, 2020
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April 30, 2020

Surplus

Published by TradersColo at April 30, 2020
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    A surplus refers to a phenomenon when the amount of an asset provided by producers exceeds the amount of an asset the consumers are willing to buy.

    Surplus = Quantity supplied (Qs) > Quantity demanded (Qd)

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    • Glossary: Trade Balance
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