Aggregate demand, Microeconomics

Aggregate Demand

When referred to in the circumstance of GNP or GDP, aggregate demand dealings the sum of what is spent by various parties in the United States for product and services? These parties include:

1. Households.   These worth measures what households spend on personal consumption items as well as what investments they make in residential housing.

2. Businesses.    This worth measures what businesses spend on nonresidential property, plant, and apparatus as well as inventory.

3. Foreign Entities.    This spending measures the worth of all products exported by the United States, less the worth of all products imported by the United States, or net exports.

4. Government.    This value measures what American government entities spend on products and services.

Posted Date: 10/15/2012 2:18:16 AM | Location : United States







Related Discussions:- Aggregate demand, Assignment Help, Ask Question on Aggregate demand, Get Answer, Expert's Help, Aggregate demand Discussions

Write discussion on Aggregate demand
Your posts are moderated
Related Questions
Marginal Utility and Indifference Curve - If the consumption of a product moves along an indifference curve, additional utility derived from the increase in consumption of sing

short run equilibrium of the industry


Is it possible for a firm to experience a technological change that would increase the marginal product of labor while leaving the average product of labor unchanged?

what are the factors causing oligopoly market?

Mediterranean Regional Project (MRP) Technique This technique had been initially employed by the OECD (Organisation of Economic Cooperation and Development, Europe) to prepare

Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.50 per card, and the cos

Discuss about Modern economic growth Modern economic growth is also a shift in the kinds of things we do at work and play and in the way we live. Back in immediate aftermath of


The price elasticity ( ε ) of demand for Q has been estimated at -0.5. Current consumption Q* is 70 units and market price (P*) is 0.70. a. Fit a linear demand curve to the obs