Aggregate Demand (AD)

Aggregate Demand (AD) is the total demand for goods and services produced within the economy over a period of time that specifies the amounts of goods and services can be purchased at all possible price levels (market values). The Aggregate Demand is a macroeconomic term describes the relationship between everything bought within a country that is the same thing as everything produced in a country equals the Gross Domestic Product of a country.

Related Definitions in the Project: The Commercial Definitions 

Posted in Controls and tagged , , .

ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.