Question:
What is Aggregate Demand [AD] State the Formula of AD
Author: go kysAnswer:
-AD is the Total Demand, or Spending, in an Economy over a give Time Period -AD is made up of all the Components that Contribute to the Economy, and is calculated as: -AD= Consumption + Investment + Gov Spending + (Exports - Imports) -AD = C + I + G + (X-M)
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go kys![go kys](https://lh5.googleusercontent.com/-VcvAufixQC8/AAAAAAAAAAI/AAAAAAAAAAA/AMZuuclTgbVcwbkN34cKx-XDycscqf7VNg/s96-c/photo.jpg)