Art Integration Activity by 12C HARSHDEEP SINGH https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs Aggregate Demand and Related Concepts en-us 2020-09-12 14:41:11 UTC 2024-10-18 14:58:25 UTC hello@padlet.com AGGREGATE DEMAND 7781harshdeep https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741016212 Meaning: It refers to the total value of final goods and services which all the sectors of an economy are planning to buy at a given level of income during a period of one accounting year. ]]> 2020-09-12 15:04:47 UTC https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741016212 Components 7781harshdeep https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741104859 2020-09-12 17:15:07 UTC https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741104859 AGGREGATE SUPPLY 7781harshdeep https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741112060 Meaning: It refers to money value of final goods and services that all the producers are willing to supply in an economy in a given time period.]]> 2020-09-12 17:26:18 UTC https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741112060 7781harshdeep https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741137277 2020-09-12 18:05:00 UTC https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741137277 Aggregate Demand in a Two-Sector Model 7781harshdeep https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741142596 Even though AD has four components, we will assume that AD is a function of only consumption expenditure and investment expenditure, i,e.
AD = C + I]]> 2020-09-12 18:13:10 UTC https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741142596 Diagrammatic Representation of AD 7781harshdeep https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741228743 2020-09-12 20:19:55 UTC https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741228743 Important Points about AD 7781harshdeep https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741245098 2020-09-12 20:47:05 UTC https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741245098 Components of Aggregate Supply 7781harshdeep https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741249287 The major portion of NI is spent on Consumption of goods and services and the balance is saved. It means, Income (Y) is either consumed or saved.
National Income (Y) = Consumption (C) + Saving (S)
Y = AS = C + S]]> 2020-09-12 20:53:54 UTC https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741249287 Diagrammatic Representation of 🤬 7781harshdeep https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741259608 2020-09-12 21:11:52 UTC https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741259608 AS = NATIONAL INCOME 7781harshdeep https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741264793 2020-09-12 21:22:08 UTC https://padlet.com/7781harshdeep/mbej8uj7x6g9sabs/wish/741264793