The aggregate demand curve is the sum of individual demand curves in the economy. (a) true (b) false Economy: The economy of a country is comprised of economic factors such as demand, supply, investment, inflation, and others. The country's economy should al...
What is a good way of measuring aggregate demand? Aggregate Demand Aggregate demand refers to the sum of all individual demands for a particular good or service demanded in a particular period of time at a particular price. Aggregate demand over a long period of time equals to the gross domes...
material, stuff - the tangible substance that goes into the makeup of a physical object; "coal is a hard black material"; "wheat is the stuff they use to make bread" 3. aggregate - a sum total of many heterogenous things taken together congeries, conglomeration plankton - the aggregate ...
2.2.1Aggregatedemand •Aggregatedemand(AD)isthesumoftotalplannedexpendituresbyhouseholds,firms,governmentandforeignsectorinaperiodoftimeatgivenpricelevels.•AD=C+I+G+(X-M)•ADisaplannedconceptwhileGDPisarealized(actual)outputfigure ThecomponentsofAD 1.2.3.4.ConsumptionInvestmentGovernmentspendingNet...
AGGREGATE DEMANDdoi:10.1007/1-4020-0612-8_28It is the sum of a factory's demands for all products over a specified period of time, commonly known as the planning horizon. The planning horizon is usually 6–18 months. See Aggregate planning ; Capa...Springer US...
Aggregate(Total)Demand总需求 Meaning:isthesumoftotalplannedexpendituresbyhouseholds,governmentandforeignsectors.总需求是经济社会对产品和劳务的需求总量，这一需求总量通常以产出水平来表示。 经济社会的总需求是指在其他经济变量恒定的情况下，家庭部门、企业部门和政府将要支出的数量。AggregateDemandCurve...
to amount to (a whole sum or total) : total audiences aggregating several million people noun a mass or body of units or parts somewhat loosely associated with one another Froth is an aggregate of tiny bubbles. the whole sum or amount : sum total spent an aggregate of 10 million dollars ...
CHAPTER13:AggregateDemand,AggregateSupply,andInflation •Aggregatedemandisthetotaldemandforgoodsandservicesintheeconomy.©2004PrenticeHallBusinessPublishing PrinciplesofEconomics,7/e KarlCase,RayFair 2of47 DerivingtheAggregateDemandCurve CHAPTER13:AggregateDemand,AggregateSupply,andInflation •Toderivetheaggregat...
The aggregate demand in the economy reflects the total spending by all consumers. 3 Congregate To accumulate in a particular location or area. Dust and debris tend to congregate in corners and under furniture over time. 4 Aggregate The total amount or sum of parts. The aggregate score of the...
Aggregate demand (AD) is the total amount of goods and services that consumers are willing to purchase in a given economy and during a certain period. Sometimes aggregate demand changes in a way that alters its relationship with aggregate supply (AS). This is called a "shift." Modern economi...