Aggregate Demand 0.0 / 5 ? EconomicsAggregate DemandA2/A-levelOCR Created by: motivation4gemCreated on: 25-02-17 20:33 total spending in our economy (AD = C + I + G + (X - M) Aggregate Demand 1 of 9 the proportion of income that households devote to consumer expenditure APC 2 of 9 a component of AD Investment 3 of 9 AD will shift in this direction if imports increase left 4 of 9 the proportion of additional income that is saved by households MPS 5 of 9 In order to shift AD one of these needs to change component 6 of 9 An influence of consumer expenditure Inflation 7 of 9 proportion of additional income devoted to consumer expenditure MPC 8 of 9 an influence on investment interest rates 9 of 9
Comments
No comments have yet been made