What are the four components of aggregate demand?
A)Consumption,investment,government spending and net exports.
B)Consumption,investment,productivity and net exports.
C)Consumption,investment,productivity and human capital.
D)LAS,AD,AS and the GDP deflator.

Question

Quizplus · Accepted Answer

The four components of aggregate demand are consumption (C), investment (I), government spending (G), and net exports (NX). This is commonly referred to as the formula: AD = C + I + G + NX. Therefore, option A is the correct answer as it includes all four components of aggregate demand.

What Are the Four Components of Aggregate Demand