EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

Aggregate Demand, Consumption & Saving · Question 2 of 60

Question 2

EasyOriginal question

In a two-sector economy, aggregate demand is

Options for question 2

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. With only households and firms, planned spending is consumption plus investment.

Worth noting

C + S is income, the use of income by households, not spending.

Concept
AD in a two-sector economy
Typical time
40 s
Your time
—
The rule this testsComponents of aggregate demand
Practise this chapter →

Ten questions from Aggregate Demand, Consumption & Saving, at your own pace.

Practise this chapter →

Ten questions from Aggregate Demand, Consumption & Saving, at your own pace.

Practise this chapterAll 60 questions in Aggregate Demand, Consumption & SavingRevise the notes for Aggregate Demand, Consumption & Saving