The economic prosperity of a nation is conceded with the aggregate demand. According to economists, the higher the period of aggregate demand higher the economic prosperity can be perceived in a nation. On other hand, lowering the phase of aggregate demand would lead to perceiving economic crises. Aggregate demand contributes significantly to the GDP growth of any nation around the globe. Aggregate demand is composed of four components, in a short version, these components are known as the composition of CIGX. Thus, researchers draw an equation of the aggregate demand…
How do the main components of aggregate demand contribute to GDP growth
