Multiple Choice
Aggregate demand is
A) the horizontal summation of all demand curves for a product.
B) the sum of all planned expenditures for the economy.
C) the total quantity of all goods sold in an economy in a year.
D) the horizontal summation of all demand curves for state, local, and federal governments and business firms.
Correct Answer:

Verified
Correct Answer:
Verified
Q235: Which of the following would unambiguously generate
Q236: If other factors are held constant, an
Q237: In the long run, persistent inflation in
Q238: Which of the following explains why the
Q239: The total of all planned real expenditures
Q241: The long-run aggregate supply curve is<br>A) horizontal.<br>B)
Q242: The real-balance effect refers to<br>A) the real
Q243: The aggregate demand curve gives the<br>A) planned
Q244: A human resource such as ingenuity can
Q245: The curve in the above figure will