The use of the term deficit when comparing planned & market economies is questionable.
In a planned economy, a scenario where 100 smartphones were produced & the price was set to $200, but 150 people were willing to pay that price is often considered a deficit.
In a market economy, the same scenario could play out with a company raising the price to $250, leading to only 100 smartphones being sold. Market economy fans would call this an equilibrium price & praise the market's efficiency.
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