Aggregate demand

Question 1

Aggregate demand

Answer 1

The total demand for goods/services within an economy
AD= C+I+G+(X-M)

Question 2

Consumption

Answer 2

Consumer spending on goods/services - 60%

Question 3

Investment

Answer 3

Spending buy businesses on capital goods - 14%

Question 4

Government Spending

Answer 4

Spending by the government on providing goods/services - 25%

Question 5

Net exports

Answer 5

Exports (X) - Imports (M) - 1%