Examlex
If a 10 percent rise in price leads to a reduction in quantity demanded of more than 10 percent,
Aggregate Demand
The total demand for all goods and services within an economy at a given overall price level and within a given time period.
Money Supply
The total fund of money available in an economy at a fixed point in time.
Interest Rate
The cost of borrowing money, expressed as a percentage of the amount borrowed, paid by the borrower to the lender for the use of their funds.
Aggregate Demand
The comprehensive demand for every type of good and service within an economy, identified at a given price level and time period.
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