What are the components of Aggregate Demand?

Aggregate Demand is the total demand in an economy for goods and services and is made up of 5 main components:Consumption, Income, Government Expenditure and (Exports-Imports).

Answered by Rhiannon W. Economics tutor

3069 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Explain the key characteristics of a monopoly.


Explain the Prisoner's Dilemma


Explain the term 'recession' and analyse two possible causes of a recession.


How are inflation and unemployment linked?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2024

Terms & Conditions|Privacy Policy
Cookie Preferences