The Total Level of All Planned Expenditures in the Economy

question 184

Multiple Choice

The total level of all planned expenditures in the economy best describes

• A) aggregate supply.
• B) aggregate demand.
• C) aggregate expenditures.
• D) both B and C are correct.

---

Definitions:

Restricted Fund Balance

The portion of a fund's balance that is limited in use by external donors, grant conditions, or legal restrictions.

Assigned Fund Balance

Part of a governmental entity's fund balance that is earmarked for a specific use but can be changed by the entity's management.

Private Purpose Trust Fund

A type of trust fund in the public sector meant to benefit specific individuals, private organizations, or other governments.

Permanent Fund

A fund established to generate income for an organization without spending the principal amount, often used by nonprofit entities and governments.