What Is NOT Included in Aggregate Demand

question 148

Multiple Choice

What is NOT included in aggregate demand?

• A) purchases of stock and bonds
• B) purchases of services such as visits to the dentist
• C) purchases of capital goods such as ovens in a bakery
• D) purchases by foreigners of consumer goods produced in Canada

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Definitions:

Self-Censorship

The act of censoring or withholding one's opinions, feelings, or concerns, especially in a group setting, due to anticipated negative response or judgement from others.

Atmosphere of Unanimity

A situation in decision-making groups where a consensus is assumed or imposed, and dissenting views are minimized or ignored, potentially leading to poor decisions.

Desire for Success

The motivation to achieve goals and attain a high level of performance or accomplishment.

Symptom of Groupthink

A sign or manifestation of groupthink, which is the practice of thinking or making decisions as a group in a way that discourages creativity or individual responsibility.