Solved

Keynes Defined Aggregate Supply as

Question 3

Multiple Choice

Keynes defined aggregate supply as


A) the total dollar amount of money spent on goods and services by consumers, investors, government and net spending by foreigners at a given price level.
B) the total dollar amount of money spent on goods and services by consumers at a given price level.
C) the total output produced and offered for sale at a given price level by all economic units.
D) the total output produced and offered for sale at a given price level by the private sector.

Correct Answer:

verifed

Verified

Related Questions