Examlex
Which of the following statements is false?
Aggregate Demand
The total demand for goods and services within an economy at a given overall price level and in a given time period.
Equilibrium Level
Equilibrium level refers to the state in an economy or market where supply equals demand, so there is no tendency for change.
Disposable Income
Available financial assets to households for investments and outlays after income taxes have been applied.
Government Spending
Expenditures by government bodies on goods and services, including salaries, infrastructure, and welfare programs.
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