what is the refernce of aggregate demand
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The sum of demands for all the goods and services in an economy at any particular time. Made a central concept in macroeconomics by J. M. Keynes (1883–1946), it is usually defined as the sum of consumers' expenditure (see consumption), investment, government expenditure, and imports less exports.
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The sum of demands for all the goods and services in an economy at any particular time.Made a central concept in macroeconomics by J.M. Keynes, it is usually defined as the sum of consumer's expenditure , investment, government expenditure, and imports less exports.
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