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aggregate demand
Total demand for goods and services in an economy. Everything that is consumed by households or governments, exported, or used as an investment good to produce other products. It comprises: consumption by households; investment spending by companies and households; local and central government spending on goods and services; demand for exports from overseas consumers and companies.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: General Finance
- Company: Reuters
- Product:
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