Economy, asked by latas8815, 5 months ago

3. In an open economy, Aggregate Demand is
estimated as

Answers

Answered by IIRissingstarll
3

Answer:

Aggregate demand tells the quantity of goods and services demanded in an economy at a given price level. ... It tells the total amount that all consumers, businesses, and the government are willing to spend on goods and services at different price levels.

For open economy aggregate demand is equal to Consumption + Investment + Government expenditure.

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