Is import considered a main component of aggregate demand?

Aggregate demand is the total demand for all goods and services in an economy at a given overall price level and time. It typically consists of consumption, investment, government spending, and net exports (exports minus imports). While imports have an impact on the economy, they do not directly contribute to aggregate demand because they represent spending on goods and services produced abroad rather than domestically.

Therefore, the correct answer indicates that imports themselves are not a main component of aggregate demand. Instead, they are subtracted from the total demand because they do not represent domestic production. This highlights that while imports influence the economy and can affect other components, they are not considered a positive addition to aggregate demand.