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three main components: personal consumption, private investment, and government expenditures
Aggregate Demand is the total amount of goods and services, or [[Gross domestic product]] demanded by consumers at a given price level.<ref>http://www.investopedia.com/terms/a/aggregatedemand.asp</ref>
Aggregate Demand is the total amount of goods and services, or [[Gross domestic product]] demanded by consumers at a given price level.<ref>http://www.investopedia.com/terms/a/aggregatedemand.asp</ref>
* "Aggregate demand can be broken down into three main components: personal consumption (C), private investment (I), and government expenditures (G). The relationship can be summed up with this formula: AD = C + I + G."<ref>[http://www.thefreemanonline.org/featured/the-great-depression-according-to-milton-friedman/ The Great Depression According to Milton Friedman] </ref>
==Aggregate Demand Curve==
==Aggregate Demand Curve==