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The market theory of supply and demand was popularized by Adam Smith in 1776. Consumer demand for a good decreases as its price rises. As prices rise, producers manufacture more to gain more profits.
Aggregate demand is the total expenditure of a company, which includes consumer consumption, investments, government spending, and net exports. Aggregate supply is affected by technology, labor ...
Credit grew more than 10% per year on average, fuelling an insatiable aggregate demand that drove the economy forward. In contrast, credit growth since 2008 has averaged a mere 1.4% per year—see ...
MUMBAI, Oct 21 (Reuters) - Aggregate demand in India is likely to shrug off the temporary slowdown in momentum seen in the second quarter as festive demand picks up pace and consumer confidence ...
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