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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
Explain the concept of 'excess demand' in macroeconomics. Also explain the role of 'open market operation' in correcting it.
Derive the two alternative conditions of expressing national income equilibrium. Show these equilibrium conditions on a single diagram.
State three measures to reduce inflationary gap.
Aggregate demand can be increased by ______
Define aggregate supply?
What is a ‘consumption function’?
How will you derive the autonomous expenditure multiplier when the price of final goods and the rate of interest are given?
Fill in the blank with appropriate alternatives given below
The General Theory of Employment, Interest and Money was written by __________.
Match the following Group:
| Group A | Group B | ||
| 1) | Aggregate Supply | a) | Expected receipts |
| 2) | Autonomous Investment | b) | Lord J. M. Keynes |
| 3) | Consumption | c) | Government Investment |
| 4) | A.P.C. | d) | ΔC/ΔY |
| 5) | Investment | e) | C/Y |
| f) | Addition to stock of capital | ||
| g) | Destruction of utility | ||
Answer in detail.
Explain the equilibrium between Aggregate Demand and Aggregate Supply.
Explain the concept of deficient demand with the help of aggregate demand and aggregate supply curves. Discuss one physical and one monetary measure to correct it.
Answer the following question.
Describe the adjustments that may take place in an economy when ex-ante Aggregate Demand is greater than ex-ante Aggregate Supply.
Discuss the adjustment mechanism in the following situation :
Aggregate demand is lesser than Aggregate Supply.
An increase in aggregate demand of equilibrium level of income and employment causes an increase in ______
Aggregate supply is equal to ______.
If planned savings exceeds planned investments in an economy, explain its likely impact on income, output and employment.
Why is effective demand also known as expost demand?
With reference to Simple Keynesian model, give the meaning of ex-ante demand.
If aggregate demand exceeds aggregate supply in a situation of full employment, what will be its impact on the economy?
