Aggregate Demand

question 15

Multiple Choice

Aggregate demand

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

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Definitions:

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The requirements or expectations of the audience that need to be met for effective communication.

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