Aggregate, or total, spending is the combined spending for new goods and services of all:
A) households.
B) households and businesses.
C) households, businesses, and government units.
D) households, businesses, government units, and foreign buyers.

Question

Quizplus · Accepted Answer

Aggregate spending includes the spending by households, businesses, government units, and foreign buyers on new goods and services. This comprehensive approach accounts for all sectors that contribute to the total demand in an economy.

Aggregate, or Total, Spending Is the Combined Spending for New