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Question
________________________ is the total amount of goods and services demanded in the economy.
________________________ is the total amount of goods and services demanded in the economy.
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Solution
The correct option is A Aggregate demand
Aggregate demand
refers to the demand for the final output in the economy, which all the buyers
in the economy desire to purchase, backed by sufficient purchasing power at the general price level and the employment level in the economy.
Aggregate demand refers to the demand for the final output in the economy, which all the buyers in the economy desire to purchase, backed by sufficient purchasing power at the general price level and the employment level in the economy.
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