单词 | aggregate demand |
释义 | aggregate demandDefinition Total level of demand for desired goods and services (at any time by all groups within a national economy) that makes up the gross domestic product (GDP). Aggregate demand is the sum of consumption expenditure, investment expenditure, government expenditure, and net exports. Use 'aggregate demand' in a SentenceWhen the aggregate demand for your product is high you can raise the prices a bit to get more profit. When trying to decide what price to charge for your goods the aggregate demand can tell you what you should charge. I wanted to understand the aggregate demand as this is all that really matters, we must have adequate supply to match this need. |
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