A curve showing the amount of real output we collectively wish to purchase at various alternative price levels is called the

Question

Quizplus · Accepted Answer

The curve described is the aggregate demand curve, which shows the relationship between the price level and the quantity of real output demanded by households, businesses, government, and foreign buyers. The other options are either related to production or do not refer to a curve showing the relationship between price and quantity demanded.

A Curve Showing the Amount of Real Output We Collectively