AD = C + I + G + (X – M)

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So by the expenditure model our National Income is equal to our collective spending (Aggregate Demand). Let’s see what influences each element of this important equation.
AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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AD = C + I + G + (X – M)
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