What Are the Characteristics

question 63

Essay

What are the characteristics

---

Definitions:

Net Exports

The difference between a country's total exports and total imports.

Aggregate Demand

The overall call for goods and services in an economic setting, quantified at an established aggregate price level during a specific time span.

Government Purchases

Government purchases include spending on goods and services by the government that is part of the nation's gross domestic product (GDP).

Aggregate Demand

The total demand for all goods and services in an economy at different price levels, during a specific time period.