The total quantity of an economy's final goods and services demanded at different inflation rates is the aggregate demand curve.
The total amount spent in an economy on domestic goods and services is known as aggregate demand, or AD. AD is technically what economists refer to as total planned expenditure. Consider aggregate demand to be total spending for the time being; we'll go into more detail about it in later articles.
All four elements of demand are included in aggregate demand:
The price level is one of several variables that affect this desire. The entire amount spent on domestic products and services at each price level is displayed on an aggregate demand curve.
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