importance of aggregate demand
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Aggregate demand is an important determinant for economic growth. When aggregate demand increases, the quantity of output demanded for a given price level rises. Therefore, an increase in aggregate demand represents economic expansion. There are many actions that will cause the aggregate demand increase.
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Aggregate demand is an important determinant for economic growth. When aggregate demand increases , the quantity demanded for a given price level rises. Therefore , an increase in aggregate demand represent economic expansion. There are many action that will cause the aggregate demand increase.
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