| 单词 | aggregate demand |
| 释义 | aggregate demand The total of intended or ex ante attempts to spend on final goods and services produced in a country. In a closed economy aggregate demand is the sum of consumption, investment and government spending on goods and services. In an open economy it is this plus export demand and minus imports. A rise in aggregate demand is a necessary condition for an increase in real output. It is not a sufficient condition, however, unless an economy has spare capacity to produce the goods and services demanded. If the goods demanded are available only as imports, these rise; if the extra goods are not available at all, inflationary pressure is created. |
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