Aggregate demand is the:
A) Total quantity of output demanded at alternative price levels.
B) Total quantity of output demanded but only at full employment.
C) Quantity of goods demanded by the largest corporations in the country.
D) Quantity of new goods and services produced.

Question

Quizplus · Accepted Answer

Aggregate demand represents the total quantity of all goods and services demanded by the economy at different price levels, not just at full employment or by the largest corporations, nor does it refer to the quantity of new goods and services produced.

Aggregate Demand Is The