explain any three factors constituting aggregate demand
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Thus, the main components of aggregate demand (aggregate expenditure) in a four sector ... It is defined as 'Value of goods and services that households are able and willing to buy.
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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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