EDEXCEL A LEVEL ECONOMICS NOTES - 2.2 Aggregate demand (AD)
Aggregate Demand (AD) Aggregate demand: The total demand for a country’s goods and services. Aggregate demand has many components. If any of these components increase, AD will shift to the right (AD → AD1). The term “aggregate” refers to the whole economy. Components of AD * Consumption (C) * Investment (I) * Government