Aggregate demand is the total value of real GDP that
A) all sectors of the economy are willing to purchase at various average price levels, all other things unchanged.
B) all sectors of the economy are willing to sell at various average price levels, all other things unchanged.
C) consumers are willing to purchase at various average price levels, all other things unchanged.
D) consumers are willing to purchase at various national income levels, all other things unchanged.

Question

Quizplus · Accepted Answer

Aggregate demand refers to the total amount of goods and services that all sectors of the economy (consumers, businesses, government, etc.) are willing to purchase at different average price levels.

Aggregate Demand Is the Total Value of Real GDP That