2.2.1 Characteristics of Aggregate Demand 0.0 / 5 ? EconomicsMacroeconomicsASEdexcel Created by: 13clarkenCreated on: 18-01-19 10:55 ... is the total spending on goods and services. (Consumption + Investment + Government Spending + Exports-Imports) Aggregate Demand 1 of 6 ... on the AD curve, changes in the price level cause ... along the AD curve Movements 2 of 6 ... on the AD curve, anything other than price level will cause a ... of the AD curve to the left or right, E.g. Taxes Shifts 3 of 6 ... is the largest component of AD, therefore a change in ... will have a big effect on AD Consumption 4 of 6 ... consumption= Increased AD Increased 5 of 6 ... consumption= Decreased AD Decreased 6 of 6
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