Difference between revisions of "Aggregate demand"
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Revision as of 14:57, November 14, 2008
Aggregate Demand is the total amount of goods and services, or Gross domestic product demanded by consumers at a given price level.[1]
Aggregate Demand Curve
Aggregate demand represented by the Aggregate demand curve. The aggregate demand curve looks similar to a regular demand curve, howver the Y-axis represents price level, and the X-axis represents real output.