Aggregate Demand
Aggregate Demand
Aggregate demand (AD) is the total planned spending on domestically produced goods and services at each average price level. It covers spending across the whole economy rather than spending in one market.
Step-by-step lessons on CIE Intl A Level Economics 4.3.2 components of AD and their meanings: AD = C + I + G + (X – M). Each one builds up to exam-style questions.