• 4.6: Four Components of Aggregate Demand - Consumption, Investment, Government Spending, Net Exports

    • Principles of Macroeconomics: "Chapter 13: Consumption and the Aggregate Expenditures Model"

      Read this chapter and attempt the "Try It" exercises. This chapter will show you how the aggregate demand curve can be derived from the aggregate expenditures model. Note that aggregate expenditures relate to the summation of planned levels of spending by consumers, businesses, government agencies, and global trade partners at a given price level. Notice also how the slope of the aggregate expenditures curve relates to the multiplier.

    • GDP and Aggregate Expenditure Quiz

      Please attempt this quiz as a way to check your understanding of the Aggregate Demand model of GDP and Aggregate Expenditure.

      Notes:

      • There is no minimum required score to pass this assessment, and your score on this assessment will not factor into your overall course grade.
      • This assessment is designed to prepare you for the Final Exam that will determine your course grade. Upon submission of your assessment you will be provided with the correct answers and/or other feedback meant to help in your understanding of the topics being assessed.
      • You may attempt this assessment as many times as needed, whenever you would like.