Question : Which of the following statements are true?
- Aggregate demand and aggregate expenditure means the same.
- Aggregate demand is a stock concept.
- Aggregate demand refers to the planned expenditure.
- Aggregate demand and market demand are one and the same thing.
Option 1: Only 2&4
Option 2: Only 1&4
Option 3: Only 1&3
Option 4: Only 1&2
Correct Answer:
Only 1&3
Solution : The important points-
- Aggregate demand and aggregate expenditure means the same.
- Aggregate demand is a flow concept.
- Aggregate demand refers to the planned expenditure
- Aggregate demand and market demand are on different thing.
Hence, Option C is correct.