Aggregate Demand

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5 Terms

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aggregate demand

the total value of planned spending in the economy over a given period of time

2
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consumption

the value of spending by households on domestically produced goods and services

3
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investment

the value of spending of firms on capital goods

4
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government spending

the value of spending by government on goods and services

5
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net trade

the value of spending on a country's exports minus spending on their imports