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4.3.2 components of AD and their meanings: AD = C + I + G + (X – M)

Card 1 of 24

What is the identity for aggregate demand?

A

AD = C + I + G + (X - M)

B

AD = C + I + G + (M - X)

C

Exports are foreign buyers' spending on domestic output.

D

Investment is firms' spending on capital goods such as machinery and buildings.

Card 1 of 24

4.3.2 components of AD and their meanings: AD = C + I + G + (X – M) Flashcards

  1. Intl A Level
  2. /Economics
  3. /4.3.2 components of AD and their meanings: AD = C + I + G + (X – M)

24 flashcards on CIE Intl A Level Economics 4.3.2 components of AD and their meanings: AD = C + I + G + (X – M): the key terms and definitions you need to recall.