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प्रश्न
What is meant by aggregate demand?
What is ‘aggregate demand’ in macroeconomics?
What is AD?
What is Aggregate Demand?
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उत्तर १
Aggregate demand is the aggregate expenditure that different sectors of the economy are willing to incur during a particular period of time.
उत्तर २
- Aggregate demand means the total quantity demanded for goods and services by all the consumers of a country at a given price.
- Aggregate demand is the total amount of goods and services demanded in the economy. It refers to the desired, intended or planned ‘ex ante’, which means ‘beforehand’ demand or spending by the people.
Notes
Students should refer to the answer according to their question and preferred marks.
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संबंधित प्रश्न
What is aggregate supply?
Explain the concept of ‘deficient demand’ in macroeconomics.
State components of aggregate demand.
Explain how government spending can be helpful in removing deficient demand.
Explain the role of Repo Rate in reducing the Inflationary gap.
Explain the concept of deflationary gap.
What is a ‘consumption function’?
Explain with reason, whether you agree or disagree with the following statement:
Aggregate supply is influenced only by availability of natural resources.
Explain the following concepts or give definitions.
Depreciation
State whether the following statement is true or false.
The equality between aggregate demand and aggregate supply determines the equilibrium level of employment.
Answer the following question:
What are the determinants of Aggregate Demand (AD)?
Answer in detail.
What is Aggregate Supply? Explain the determinants of Aggregate Supply.
Write explanatory answer.
What is 'aggregate supply'? Explain the determinants of aggregate supply.
What is meant by the “Effective Demand Principle” in the Keynesian theory of employment? Discuss using a schedule or a diagram.
Discuss the adjustment mechanism in the following situation :
Aggregate demand is lesser than Aggregate Supply.
Identify the correctly matched pair from Column A to Column B:
| Column A | Column B |
| (1) Y = AD | (a) Level of output at full employment |
| (2) Forward Multiplier | (b) Withdrawal of investment decreases income |
| (3) Paradox of Thrift | (c) People save less or same as before |
| (4) Multiplier (k) < 1 | (d) 0 < MPC < 1 |
Which of the following statement is true?
The slope of the supply curve is measured by ______.
Why is effective demand also known as expost demand?
