Aggregate Demand
Aggregate Demand Meaning:
The total demand for goods and services in an economy at one price level and point in time.
The total demand for goods and services in an economy at one price level and point in time.
Aggregate demand is the sum of: consumers’ expenditure on goods and services; government expenditure on goods and services, and capital investment by companies, plus net exports (which is the value of exports minus the value of imports).