Aggregate Demand - Definition

Misused to describe any application of public and private sector for goods and services produced by a given country. In practice, it is interchangeable with the gross domestic product (GDP). Academic concepts of aggregate demand to distinguish between short term and Long term, and are modeled based on price levels.

Terms near "Aggregate Demand"

Aggregate demand curve
Aggregate exercise price
Aggregate Risk
Aggregate Supply
Aggregate supply curve
Aggressive growth fund
Aging schedule
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