Macro

Question 1

What is the aggregate demand formula

Answer 1

AD = C+I+G+(X-M)

Question 2

C = and what it means

Answer 2

Consumption , total expenditure in the economy by households on all goods and services

Question 3

I = and what it means

Answer 3

investment , spending on capital goods by firms and government

Question 4

G = and what it means

Answer 4

Government spending , Moneyexpended by agovernmenttopayfor important things

Question 5

What’s investment

Answer 5

Spending on capital goods