Ask Question
26 June, 10:47

List and briefly define the 4 components of a nation's demand for goods and services

+4
Answers (1)
  1. 26 June, 13:03
    0
    C, I, G, NX

    Explanation:

    The components of nation's demand for goods & services is reflected in Aggregate Demand. AD is the total value of goods & services all the consumers are planning to buy during a period.

    AD denotes consumption components by 4 sectors of an Economy : Households, Firms, Government, Rest of World.

    All 4 sectors form components of AD = Consumption Expenditure, Investment, Government Expenditure, Net Exports (Exports - Imports) by the 4 above sectors respectively.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “List and briefly define the 4 components of a nation's demand for goods and services ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers