Aggregate demand refers to the
A) quantity demanded of all goods and services at various price levels,ceteris paribus.
B) quantity demanded of all goods and services at a particular price level,ceteris paribus.
C) quantity demanded of Real GDP at various price levels,ceteris paribus.
D) various amounts of GDP that are demanded at various price levels,ceteris paribus.
E) a and c

Question

Quizplus · Accepted Answer

Aggregate demand refers to the total quantity of goods and services demanded across all levels of an economy at various price levels (A), and it is often represented as the quantity of real GDP demanded at different price levels, holding other factors constant (C).

Aggregate Demand Refers to the