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Define aggregate demand

Define aggregate demand: Aggregate demand is stated as the money value of total goods and services demanded by an economy throughout a particular period.

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    Q : Quantity supply or demand to changes in

    When a measure of the responsiveness of one variable to other (for example, quantity supplied [or demanded] to changes within price), elasticity: (w) provides no criterion for identifying responsiveness. (x) depends on the units used to express change