What are the components of Aggregate Demand?

Aggregate Demand is the total demand in an economy for goods and services and is made up of 5 main components:Consumption, Income, Government Expenditure and (Exports-Imports).

RW
Answered by Rhiannon W. Economics tutor

3286 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Explain opportunity cost


Discuss measures to reduce an imbalance in the current account?


Explain how a fall in interest rates would affect aggregate demand (5 marks)


If mpc = 0.6, what will be the final change in National Income arising from an initial increase in Investment of £200m?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences