Aggregate demand, what is aggregate demand, ecnomics, economy, aggregate, english economist, john maynard keyanes economist.


Aggregate demand is the total level of planned spending on goods and services. As a consequence, it includes spending on exports and excludes spending on imports.

English economist, John Maynard Keynes, was the first person to examine in detail the concept of total spending in an economy. He called this concept Aggregate Demand, which he divided into certain components (categories/groups) of spending.


Mohsin Osmani

Mohsin Osmani

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