3. What are the main components of
Aggregate Demand? Explain in brief
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Summary. Aggregate demand is the sum of four components: consumption, investment, government spending, and net exports. Consumption can change for a number of reasons, including movements in income, taxes, expectations about future income, and changes in wealth levels.
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yes...
Explanation:
1) Aggregate demand is is the sum of four components : consumption, investment, government spending, and net exports.
2) Consumption can change for a number of of reason, including government in income, taxes, expectation about future income, and change in weather level.
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