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Aggregate Demand, Consumption & Saving · Question 4 of 60

Question 4

MediumOriginal question

In an economy, C = ₹600 crore, I = ₹200 crore, G = ₹150 crore, X = ₹80 crore and M = ₹100 crore. Aggregate demand is

Options for question 4

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. AD = 600 + 200 + 150 + (80 − 100) = 950 − 20 = ₹930 crore.

Concept
AD in an open economy
Typical time
70 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.