Domestic aggregate surplus
A) Is the sum of consumer surplus, deadweight loss and government revenue
B) Is the sum of domestic producer surplus and government revenue
C) Is the sum of domestic producer surplus and consumer surplus
D) Is the sum of consumer surplus, domestic producer surplus and government revenue

Question

Quizplus · Accepted Answer

Domestic aggregate surplus is the total surplus (benefit) received by consumers and producers in a domestic market. It is the sum of consumer surplus, domestic producer surplus and government revenue. Therefore, option D is the correct choice as it includes all three components.

Domestic Aggregate Surplus