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Module 1: Economic activity

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Private Consumption Expenditure (C)

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Economics - Private Consumption Expenditure (C)

Private Consumption Expenditure (C)

This is the largest component of aggregate demand, accounting for
approximately 60 per cent of total aggregate demand. Despite its size, it
is a very stable component. It is spending by individuals and households on
new consumption goods and services that directly satisfy wants and needs.

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