The Largest Component of Aggregate Demand Is

question 159

Multiple Choice

The largest component of aggregate demand is

• A)investment spending.
• B)consumer spending.
• C)government spending.
• D)total imports.

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Definitions:

Consolidated Inventory

The combined inventory of all entities in a group reported as one total in the consolidated financial statements.

Inventory

Inventory represents the goods and materials a company holds for the ultimate purpose of resale or processing in the production process.

Fair Value

The estimated market price of an asset or liability, reflecting the amount for which it could be exchanged in an arm's length transaction.