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Aggregate Demand |
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Aggregate Demand The total demand of goods and services in an economy at a given overall price and time. Aggregate demand is tracked on an aggregate demand curve, which plots demand against price. When prices are rising, this indicates that the aggregate supply in the economy is inadequate to meet the aggregate demand; this leads businesses to expand their operations and produce more goods and services. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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