aggregate demand
Aggregate demand refers to the total demand for goods and services in an economy at a given price level and within a specific time period. It is the sum of consumer spending, investment, government expenditure, and net exports, and is a key determinant of overall economic growth.
Requires login.
Related Concepts (30)
- business cycle
- business cycles
- consumer spending
- countercyclical fiscal policy
- deflationary policies
- demand-side economics
- economic cycles and synchronization
- economic fluctuations
- economic growth
- economic stabilization
- exports and imports
- fiscal policy
- fiscal stimulus
- government spending
- gross domestic product
- income distribution
- inflation
- inflationary pressure
- interest rates
- international trade
- investment
- labor market
- macroeconomic indicators
- macroeconomic stability
- monetary policy
- multiplier effect
- price levels
- public debt
- supply and demand
- unemployment