The quantity of real GDP demanded is composed of the purchases of
A)households and net exporters only.
B)firms, bondholders, and net exporters only.
C)firms and governments only.
D)consumers, firms, governments, and net exporters.
E)consumers, firms, and governments only.

Question

Quizplus · Accepted Answer

The quantity of real GDP demanded includes expenditures by all four components of aggregate demand: consumers (households), firms, governments, and net exporters. Therefore, option D is the correct choice.

The Quantity of Real GDP Demanded Is Composed of the Purchases