Aggregate Demand Define aggregate demand as the total demand for an economy's output (production of goods and services) over a given period of time.
{"Image DocumentName": "Aggregate DemandDefine aggregate demand as the total demand for an economy\u2019s output (production of goods and services) over a given period of time.", "Image ImageDescription": "Demand may come from households (consumption), firms (investment), the public sector (government spending) or foreign households, firms, or governments (net exports). YAD = C + I + G + NX. We assume an inverse relationship between price and aggregate demand.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}