What is the summary schedule of the demand?

Aggregated Schedule of Demand is a study of the relationship between the levels of the National Price Awards and the level of the product consumption of its inhabitants. This is an important concept in macroeconomics, which is more of a study of the economy as a whole than the expenditure of its citizens. Summary demand is generally measured by the rough domestic product of the country (GDP), while price levels are measured using some price index. The equalization of these two measurements in the graph is a summary demand plan that can be graphs to show the inverse relationship between the two.

The economies can be studied in two different ways. Microeconomics offers a view of how individuals spend and save their money depending on the economic stimuli that surround them in their lives. Makroeconomics, on the other hand, occupies this view and expands it through the breadth of the whole nation. One of the most important concepts in macroeconomics is aggregated demand, which is the overall demand for production of all citizens in the country. The way in which aggregated demand responds to price levels isbasis for the schedule of aggregated demand. The price index, as well as the consumer price index in the United States, is a price level. For these price levels, the corresponding levels of aggregated demand must be found, and these can be collected from GDP countries that measure the level of consumption by adding all consumers' expenses, business and government investments and net exports.

Putting these two measurements side by side in the graph shows a summary demand plan and an inverse relationship between the two measurements. In other words, when it increases the price level, the aggregated demand and on the contrary . When it is plotted on the graph, with price levels on the vertical axis and aggregate demand for horizon axis, this inverse relationship is shown by lines that rushes from high at the top of the vertical top to the mines near the bottom of the horizontal right right, which is about 45 degrees.

There are three main reasons for InveRescue relationship of the aggregated demand. Rising prices depreciate money held by consumers and leave them less on products. Interest rates also increase with inflation, which is wiser to save money than to spend. Finally, imports from foreign nations will become desirable when local prices are high, while foreign demand for exports also decreases.