ECONOMICS
AGGREGATE DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The total Value of all G and S demanded in the economy
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The total Q of G and S Produced in the economy
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The total Q of G and S demanded in the economy
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The total value of all Producer and Consumer surplus in econ
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Detailed explanation-1: -How to Calculate Aggregate Demand. Aggregate demand is calculated by adding the amount of consumer spending, government and private investment spending, and the net of imports and exports. It is represented with the following equation: AD = C + I + G + Nx.
Detailed explanation-2: -Aggregate demand is a measurement of the total amount of demand for all finished goods and services produced in an economy. Aggregate demand is commonly expressed as the total amount of money exchanged for those goods and services at a specific price level and point in time.
Detailed explanation-3: -Aggregate demand is the total planned spending on the goods and services produced in the economy in a particular period (usually in a year). Aggregate demand is the total planned spending on the goods and services produced in the economy in a particular period (usually in a year).
Detailed explanation-4: -This is the demand for the gross domestic product of a country. It specifies the amount of goods and services that will be purchased at all possible price levels. Consumer spending, investment, corporate and government expenditure, and net exports make up the aggregate demand.