Aggregate expenditure (AE),
Definition of Aggregate expenditure (AE):
A measure of national income that is somewhat similar to gross domestic product (GDP). The total value of annual goods and services production within a country that only counts items that are actually purchased (at market prices).
How to use Aggregate expenditure (AE) in a sentence?
- If you want to do business with a company in a different country you should try to figure out what their aggregate expenditure is.
- The aggregate expenditure of oil-producing countries would be much lower if they used the oil within their own borders instead of exporting the oil to other countries.
- The aggregate expenditure was greater than anticipated as we had invested resources over time that had grown larger than expected.
Meaning of Aggregate expenditure (AE) & Aggregate expenditure (AE) Definition