2.2.3 The determinants of aggregate demand
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What aggregate demand measures

What aggregate demand measures

Schematic of aggregate demand showing consumption, investment, government spending and net exports feeding into AD = C + I + G + (X - M)

Aggregate demand is the total planned spending on domestically produced goods and services at a given price level over a period of time. The standard formula is AD=C+I+G+(X−M)AD = C + I + G + (X - M)AD=C+I+G+(X−M).

2.2.3 The determinants of aggregate demand Lesson

  1. A Level
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  3. /2.2.3 The determinants of aggregate demand