Question : ____________________ refers to the total value of final goods and services which all the sectors of an economy are planning to buy at a given level of income during a period of one year.
Option 1: Aggregate demand
Option 2: Aggregate supply
Option 3: Total expenditure
Option 4: Total demand
Answer (1)
21st Jan, 2024
Correct Answer:
Aggregate demand
Solution :
Aggregate demand refers to the total value of final goods and services which all the sectors of an economy are planning to buy at a given level of income during a period of one year.
Hence, Option A is correct.
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