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Aggregate Demand
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What is The demand for all goods and services within a country is called?
Aggregate Demand
The demand for all goods and services within a country is called?
aggregate demand.
What term indicates the exchange of goods and services within a single country?
The exchange of goods and services within a single country is called domestic trade.
What demand for all goods and service within a country is called?
Aggregate Demand
By buying or not buying goods and services?
By buying or not buying goods and services is what will determine the economic growth of a country. Failure to buy means that there is low demand while buying implies high demand.
What do you call in economic terms buying and selling of goods?
Demand and Supply. Demand= buying goods and services. Supply=selling goods and services.
How do people demand goods and services?
When economists refer to the demand for goods and services, what they mean is, what goods and services are people buying. People demand things by buying them. If you demand to have things given to your for free, that is politics rather than economics.
What is trading in country and trading with country?
Trading in country means that the exchange of goods and services takes place within one given country. Trading with country on the other hand means you exchange goods and services with a different country.
The exchange of goods and services within a single country is called what?
Internal trade
Is aggregate demand the same as GDP?
No, aggregate demand refers to the total amount of goods and services that households, businesses, and the government are willing to buy at a given price level, while GDP (Gross Domestic Product) measures the total value of all goods and services produced within a country's borders in a specific time period.
What determines the prices of goods and services in the product market?
Supply and demand. Supply and demand determines the prices of goods and services in the market.
What is foreign demand?
It is the foreign demand for domestic goods and services.
