Aggregate demand includes a. only the quantity of goods and services households want to buy. b. only the quantity of goods and services households and firms want to buy. c. only the quantity of goods and services households, firms, and the government want to buy. d. the quantity of goods and services households, firms, the government, and customer abroad want to buy.

Question

Guest

Business

29 April, 15:43

Aggregate demand includes a. only the quantity of goods and services households want to buy. b. only the quantity of goods and services households and firms want to buy. c. only the quantity of goods and services households, firms, and the government want to buy. d. the quantity of goods and services households, firms, the government, and customer abroad want to buy.

+1

Answers (1)

Know the Answer?

Ireland Giles · Answer 1

The correct answer is the letter d. the quantity of goods and services households, firms, the government, and customer abroad want to buy.

Explanation:

Aggregate demand brings together the total expenditure on goods and services of the following economic agents in an economy: households, businesses, the government, and the external sector. Thus, aggregate demand represents the aggregate consumption of a given economy, ie the amount of goods and services consumed at a given time in a country.