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

Business

1 answer:

Lynna [10]3 years ago

3 0

Answer:

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.

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