The level of aggregate demand in an economy is the same as the level of _____.
A) total expenditure
B) net investment
C) government spending
D) total consumption

Question

Quizplus · Accepted Answer

Aggregate demand in an economy encompasses the total amount of goods and services demanded, which is equivalent to total expenditure. This includes not just government spending, net investment, and consumption, but also exports minus imports.

The Level of Aggregate Demand in an Economy Is the Same