- Aggregate Demand
- The total amount of goods and services demanded in the economy at a given overall price level and in a given time period. It is represented by the aggregate-demand curve, which describes the relationship between price levels and the quantity of output that firms are willing to provide. Normally there is a negative relationship between aggregate demand and the price level. Also known as "total spending".
Aggregate demand is the demand for the gross domestic product (GDP) of a country, and is represented by this formula:
Aggregate Demand (AD) = C + I + G + (X-M) C = Consumers' expenditures on goods and services. I = Investment spending by companies on capital goods. G = Government expenditures on publicly provided goods and services. X = Exports of goods and services. M = Imports of goods and services.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
aggregate demand — ➔ demand * * * Total demand for goods and services in an economy. Everything that is consumed by households or governments, exported, or used as an investment good to produce other products. It comprises: consumption by households … … Financial and business terms
Aggregate demand — This article is about a concept in macroeconomics. For microeconomic demand aggregated over consumers, see Demand curve. In macroeconomics, aggregate demand (AD) is the total demand for final goods and services in the economy (Y) at a given time… … Wikipedia
aggregate demand — The sum of demands for all the goods and services in an economy at any particular time. Made a central concept in macroeconomics by J. M. Keynes (1883 1946), it is usually defined as the sum of consumers expenditure (see consumption), investment … Big dictionary of business and management
aggregate demand — /ˌægrɪgət dɪ mɑ:nd/ noun total demand for goods and services from all sectors of the economy, such as individuals, companies and the government ● Economists are studying the recent fall in aggregate demand. ● As incomes have risen, so has… … Marketing dictionary in english
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aggregate demand — total market demand for goods and services … English contemporary dictionary
Aggregate demand — … Википедия
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Demand-pull inflation — Aggregate Demand increasing faster than production. Demand pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and unemployment falls … Wikipedia