What is Aggregate Demand

Aggregate demand is determined by the YCIGNX equation so consumption expenditures investment expenditures government purchases and net exports will determine the aggregate demand curve. Aggregate supply also known as total output is the total supply of goods and services produced within an economy at a given overall price level in a given time period.

Pin On The Aggregate Demand Curve

It is represented by the.

. It is tempting to think that a change in one of these variables that will cause the aggregate demand curve to shift.

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