Determination Of Income And Employment

Question

What is aggregate demand (AD)?

Solution

Aggregate demand broadly refers to the total demand for goods and services. Since it is measured by total expenditure, AD is also defined as total expenditure which the community intends to incur on purchase of goods and services during a year.

Some More Questions From Determination of Income and Employment Chapter

For Daily Free Study Material Join wiredfaculty

Determination Of Income And Employment

What is aggregate demand (AD)?

Some More Questions From Determination of Income and Employment Chapter

Explain the meaning of aggregate supply (AS).

Calculate consumption level for Y = र 1000 crores if consumption function is C = 300 + 0.5Y.

State relationship between income and consumption.

What is Breakeven point?

What are the types of Propensity to consume?

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

Phone Number

Email Address

Location