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19 October, 08:47

The formula for calculating aggregate demand is y equals c + I + g + NX what does this make aggregate demand equal to?

A. Gross income

B. GDP

C. Inflation rate

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Answers (1)
  1. 19 October, 08:56
    0
    It's B, GDP. It stands for, consumption + government spending + investment + net exports.
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