Aggregate demand represents the _____ at alternative price levels.
A)total spending in the economy
B)total saving in the economy
C)total investment in the economy
D)total output of the economy
E)total money supply in the economy

Question

Quizplus · Accepted Answer

Aggregate demand represents the total spending in the economy at different price levels. It shows the amount of goods and services that consumers, businesses, and the government are willing to purchase at different price levels. It includes consumption, investment, government spending, and net exports.

Aggregate Demand Represents the _____ at Alternative Price Levels