What Is the Difference Between Aggregate Demand (AD) and Aggregate

question 89

Multiple Choice

What is the difference between aggregate demand (AD) and aggregate expenditures (AE) ?

• A) AD estimates the price levels that would exist at different spending levels, and AE estimates the production that would exist at different price levels.
• B) AD estimates the production that would exist at different spending levels, and AE estimates the price levels that would exist at different spending levels.
• C) AD estimates spending at different average price levels, and AE estimates spending at different income or real GDP levels.
• D) AD estimates spending at different income or GDP levels, and AE estimates spending at different average price levels.

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