Aggregate Demand Quiz

Total expenditure on goods and services in an economy during a period of time (correct)

Total production of goods and services in an economy during a period of time

Total investment in the economy during a period of time

Total income of all sectors of the economy during a period of time

Household consumption expenditure, Investment expenditure, Govt. consumption expenditure, Net export (correct)

Household debt, Business loans, Government spending, Import costs

Household income, Business revenues, Government grants, Export revenue

Household savings, Corporate profits, Government subsidies, Foreign investment

AD = C / I / G / (X - M)

AD = C - I + G - (X - M)

AD = C * I * G * (X - M)

AD = C + I + G + (X - M) (correct)