Question: 1. Explain the differences between an increase in demand and an increase in aggregate demand. [10 marks] 2. Explain the difference between the components of

1. Explain the differences between an increase in demand and an

1. Explain the differences between an increase in demand and an increase in aggregate demand. [10 marks] 2. Explain the difference between the components of aggregate demand and the determinants of aggregate demand, [10 marks) 3. Explain three factors that could cause an increase in the level of consumption in an economy. [10 marks] Explain how a change in interest rates is likely to affect the level of investment in an economy. [10 marks]

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