domestic absorption

Domestic absorption is the sum of private consumption, general government consumption and gross domestic investment. Data are at current prices in local currency....
Found on http://www.oenb.at/dictionary/termini.jsp?EINTRAG_ID=7419

domestic absorption

The standard classification of the major components of aggregate demand is as follows: consumption + investment + government expenditure + exports - imports. From the above, if we wanted to know what is the total demand for domestic and imported goods and services, we have to add up consumption + investment + government expenditure. This new aggreg...
Found on http://www.oenb.at/dictionary/termini.jsp?EINTRAG_ID=7419
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