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Aggregate Demand Factors



From these graphs, it seems as if Japan experienced some slow growth for aggregate demand. However, around 2015 it can be seen that there was less consumer and government expenditure. We can also see that Japan seemed to see the most growth from 2009 to around 2012. When looking at GDP growth, Japan saw the most growth between 2009 and 2010. Since GDP and Aggregate demand are calculated in the same way (GDP being aggregate demand in the long run), it can be expected that the trends in Japan's GDP, factors for aggregate demand, and aggregate demand would be similar.










Business Confidence







































Comments

  1. Dr. Q April 13, 2020 at 4:22 AM

    Note that GDP is not aggregate demand in the long run. Real GDP is equal to aggregate demand at the current price level.

    ReplyDelete

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