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What Is Aggregate Demand? What Are Its Major Components

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What is aggregate demand? What are its major components?


Definitions:

Military Draft

The compulsory enlistment of individuals into the armed forces by a government.

Political Rights

Rights that allow individuals to participate in the political life of a country or society, including the right to vote, freedom of speech, and the right to run for public office.

Drafted Percentage

The proportion of individuals selected from a larger group to serve, particularly in a military context.

Congressional Medal

Also known as the Congressional Gold Medal, it is one of the highest civilian awards in the United States, awarded by Congress as an expression of national appreciation for distinguished achievements and contributions.

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