Get an answer in 5 minutes
We'll notify as soon as your question has been answered.
Ask a question to our educatorsWhat factors affect the Aggregate Demand curve?
Government spending Consumer spending Exports Imports Investment
The answer to your question is C+I+G+(X-M)
This can also be summarised more simply in an aggregate demand equation. The equation states that aggregate demand is made up of 5 main components which is basically the factors given in the previous answer. So AD=C+G+I+(X-M),the letter C standing for consumption,G standing for government spending,I standing for investment and X-M standing for exports minus imports which makes up part of the balance of payments of a country. Hoped this helped.
Similar Economics questions
At Scoodle we understand that everyone learns in a different way. Some people learn through practice, using essays and notes; others prefer video lessons to watch and learn, some just need help with a specifically hard question, while some learn best 1-on-1 tutoring sessions. At Scoodle we cater for all types of learning styles and needs. From GCSE Maths video lessons to A-level English essays and specialist educators in every subject - we’ve got you covered.
