Which of the Following Is a Component of Aggregate Demand

question 89

Multiple Choice

Which of the following is a component of aggregate demand?

• A)Transfer payments from government
• B)Taxation by government
• C)Purchases by government
• D)Borrowing by government
• E)Saving by consumers

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Definitions:

Economics

The social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs.

Cultural Values

The core principles and ideals upon which an entire community exists, influencing its members' behaviors, practices, and beliefs.

Change Efforts

Initiatives or plans undertaken to make transitions or modifications in procedures, policies, or personal behaviors.

Literature

Written works, such as books and articles, that are studied for their artistic, cultural, or intellectual value.