What Are the Four Sources of Aggregate Demand

question 119

Multiple Choice

What are the four sources of aggregate demand?

• A) Consumption, private investment, taxes, and expenditures
• B) Consumption, private investment, wage increases, and government expenditures
• C) Consumption, private investment, expenditures, and net exports
• D) Consumption, private investment, government purchases, and net exports

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Definitions:

Competition

The rivalry between entities for resources or market dominance, which can drive innovation and efficiency.

Work Team

A group of individuals who collaborate and work together towards a common goal, leveraging their respective skills and strengths.

Dissolution

The process of dissolving or winding up an entity or partnership, effectively ending its existence.

Partnership

A voluntary association between two or more people who co-own a business for profit.