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Aggregate demand

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Question 2

The table shows forecasted changes over the next financial year for key macroeconomic components in an economy:

ComponentForecasted change (£bn)
Consumption+24
Investment-6
Government expenditure+12
Exports-8
Imports+4
Savings+10
Taxation+15

What is the forecasted change in the total value of aggregate demand?

An increase of £18bn

A decrease of £7bn

An increase of £26bn

An increase of £43bn

Aggregate demand Questions

  1. A Level
  2. /Economics
  3. /Aggregate demand