Economists define an aggregate as
A)a concrete object.
B)a specific principle.
C)a representative good or service.
D)a useful abstraction.
E)something immeasurable.

Question

Quizplus · Accepted Answer

Economists define an aggregate as a useful abstraction, which is a general concept or idea that represents a group of specific objects or phenomena. Aggregates are commonly used in macroeconomic analysis to help understand and measure the behavior of entire industries, markets, or economies. For example, Gross Domestic Product (GDP) is an aggregate measure of the total output of goods and services produced by a country's economy.

Economists Define an Aggregate as