The total quantity of goods and services demanded by households, firms, foreigners, and government at varying price levels is:
a. gross domestic product.
b. aggregate demand.
c. aggregate expenditure.
d. total demand.
e. total expenditure.
b
Economics
You might also like to view...
How can population changes affect demand for certain goods?
(A) People at different stages of their lives have different demands. (B) Different levels of demand will cause different prices. (C) More people demanding goods will cause prices to rise. (D) Demand will exceed supply under some population conditions.
Economics
Persistent government budget deficit result in ________ taxes and a ________ stock of capital in the future
A) higher, larger B) lower, larger C) higher, smaller D) lower, smaller
Economics