A movement along the aggregate demand curve is called a
A) change in aggregate demand.
B) change in the aggregate quantity of good and services demanded.
C) determinant of aggregate demand.
D) revealed expenditure on aggregate demand.

Question

Quizplus · Accepted Answer

A movement along the aggregate demand curve is called a change in the aggregate quantity of goods and services demanded. This occurs when there is a change in the price level, which causes a change in the quantity of goods and services that households, businesses, and the government are willing and able to purchase. Therefore, choice B is the correct answer. The other choices are not accurate definitions of a movement along the aggregate demand curve.

A Movement Along the Aggregate Demand Curve Is Called a