Which of the following statements is false?
A) Aggregate demand is a specific dollar amount,such as $400 billion.
B) At a given price level,anything that changes total expenditures changes aggregate demand.
C) Total expenditures rises if consumption rises,ceteris paribus.
D) Total expenditures rises if investment spending rises,ceteris paribus.

Question

Quizplus · Accepted Answer

Aggregate demand is not a specific dollar amount, it is the total amount of goods and services demanded in an economy at a given price level.

Which of the Following Statements Is False