In a Closed Economy,aggregate Demand Is the Sum of

question 49

Multiple Choice

In a closed economy,aggregate demand is the sum of

• A)consumer expenditure,actual investment spending,and government spending.
• B)consumer expenditure,planned investment spending,and government spending.
• C)consumer expenditure,actual investment spending,government spending,and net exports.
• D)consumer expenditure,planned investment spending,government spending,and net exports.

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Definitions:

Aggregate Planning

A process by which a company determines optimal levels of capacity, production, subcontracting, inventory, stockouts, and pricing strategies over a specified time frame.

Short-Term Schedules

Plans that outline specific activities, resources, and timelines within a short timeframe, typically up to one year.

Forward Scheduling

Forward scheduling is a planning method where tasks are scheduled from the start date onwards to determine the earliest possible completion time.

Delivery Date

The specified date on which a product is agreed to be delivered to the customer.