aggregate demand
Pronunciation
Noun
B2 Upper-intermediate
Quick answer
The total demand for all goods and services in an economy at a given price level and time.
Synonyms and antonyms
Antonyms
aggregate supply
Test yourself
Which word fits the gap? "A cut in interest rates is often used to try to boost _____."
Answer: aggregate demand
In your own words, what does "aggregate demand" mean?
The total demand for all goods and services in an economy at a given price level and time.
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