Aggregate Demand

question 35

Multiple Choice

Aggregate demand

• A)measures the amount of a nation's labour, capital, and technology that people are willing to buy.
• B)increases when the price level falls.
• C)is the relationship between the quantity of real GDP demanded and the price level.
• D)measures the amount of a nation's goods and services that people are willing to buy.
• E)increases when factor prices fall.

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Definitions:

Oedipus

A concept in psychoanalytic theory referring to a child's unconscious sexual desire for the opposite-sex parent and jealousy toward the same-sex parent.

Electra Complexes

A psychoanalytic concept referring to a girl’s psychosexual competition with her mother for possession of her father.

Emotional Support

Assistance provided by an individual, offering care, empathy, and understanding to help another person cope with emotional distress.

Economic Support

Financial or material aid given to individuals or groups to assist them in sustaining a certain level of living.