What is the definition of Aggregate expenditure (ae)? | Dictionary.net

AGGREGATE EXPENDITURE (AE)

\ˈaɡɹɪɡˌe͡ɪt ɛkspˈɛndɪt͡ʃə ˌe͡ɪˈiː], \ˈaɡɹɪɡˌe‍ɪt ɛkspˈɛndɪt‍ʃə ˌe‍ɪˈiː], \ˈa_ɡ_ɹ_ɪ_ɡ_ˌeɪ_t ɛ_k_s_p_ˈɛ_n_d_ɪ_tʃ_ə__ ˌeɪ_ˈiː]\

Definitions of AGGREGATE EXPENDITURE (AE)

1910 - Black's Law Dictionary (2nd edition)

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The national income similar to the GDP. The total goods in a country purchased are used to get to this figure.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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