Preview (10 questions)
1 Question
30 seconds
Q.

What is aggregate demand?


Demand for goods and services

Demand for money and services

Demand for Jewellery and services

Demand for products and services

2 Question
30 seconds
Q.

What is another name for aggregate demand?


International aggregate demand

Domestic final demand

International final demand

International final demand

3 Question
30 seconds
Q.

How many sources in the aggregate demand?


5

3

4

6

4 Question
30 seconds
Q.

What is the formula of aggregate demand?


AD = C+I+G+NX

AC=B+I+C+NX

AB=C+I+C+NX

AE=D+C+I+NX

5 Question
30 seconds
Q.

What is the law of aggregate demand?


People will buy more when prices fall

People will buy less when prices fall

People will buy most when prices fall

People will buy low when prices fall

6 Question
30 seconds
Q.

What is C in aggregate demand?


Consumer spending

Customer

Consumable

Consumption

7 Question
30 seconds
Q.

What is I in aggregate demand?


Interest

Income

Investment

Import

8 Question
30 seconds
Q.

What is X in aggregate demand?


Import

Tax

Export

Interest

9 Question
30 seconds
Q.

Who discovered the aggregate demand?


Adam Smith

Friedrich Hayek

Keynes

Karl Marx

10 Question
30 seconds
Q.

Which is the largest contributor to aggregate demand?


Consumption spending

Consumer Incomes

Interest Rate

Current Account