Determinants of Aggregate Demand in an Open Economy Aggregate demand The amount of a country' s goods and services demanded by households and firms throughout the world a The aggregate demand for an open economy's output consists of four components Consumption demand(c) ° Investment demand( ° Government demand(G ° Current account(CA) Copyright C 2003 Pearson Education, Inc Slide 16-6Copyright © 2003 Pearson Education, Inc. Slide 16-6 Determinants of Aggregate Demand in an Open Economy ▪ Aggregate demand • The amount of a country’s goods and services demanded by households and firms throughout the world. ▪ The aggregate demand for an open economy’s output consists of four components: • Consumption demand (C) • Investment demand (I) • Government demand (G) • Current account (CA)