Aggregate demand is the:
A) total demand for a good or service across all possible buyers.
B) total amount of goods that would be purchased in an economy at the current price level.
C) total amount of goods and services that would be purchased in an economy at each given average price level.
D) global demand for all goods and services.

Question

Quizplus · Accepted Answer

Aggregate demand refers to the total amount of goods and services that would be purchased in an economy at each given average price level, encompassing all sectors of the economy and considering various price levels.

Aggregate Demand Is The