Economics

Question

What is aggregate demand? State its components.

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Studies Simran Sharma 6 years 1 Answer 358 views Silver 0

Answer ( 1 )

  1. Aggregate demand refers to the total demand for final goods and services in the economy. There are four components of Aggregate Demand Consumption , Investment, Government Spending and Net Exports. Aggregate Demand shows the relationship between Real GNP and the Price Level.

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