Ask Question
BusinessBusiness
26 March, 08:06

Aggregate demand is everything produced while simple demand is one good. which statement reflects aggregate demand?

A. calculating the total output of pistachios from Mexico

B. calculating the total output of oranges from Illinois

C. calculating the total output for Portugal

+4
Answers (1)
  1. 26 March, 11:18
    0
    C. calculating the total output for Portugal

    Explanation:

    Aggregate demand can be thought as the total amount of products that are demanded by individuals in an economy, in a certain period of time. It is a way of measuring the total output of goods demanded in a territory, periodically. Because in equilibria, aggregate demand must equal aggregate supply, thinking about total output (produced and demanded) is correct. Because it has to do with all the goods that are demanded, options A and B are not suitable.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Aggregate demand is everything produced while simple demand is one good. which statement reflects aggregate demand? A. calculating the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A 10-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $950. The bond currently sells at a yield to maturity of 7.5% (3.8% per half-year). a. What is the yield to call annually?
Answers (1)
Which of the following is a true statement about globalization? A. It involves the flow of ideas across international borders. B. It has had a minimal impact on the world C. Its pace is slowing down. D. It is a purely economic term
Answers (1)
Chelsea is a listing agent working for the listing broker and encounters a customer at the open house. The customer asks Chelsea if she could recommend an offering price. Chelsea should recommend that the customer:
Answers (1)
Which statement is true of the Position Analysis Questionnaire (PAQ) ? Group of answer choices It considers only the inputs of a work process, ignoring the outputs. PAQ reports are very useful for writing job descriptions or redesigning jobs.
Answers (1)
Which form of transportation, other than the automobile, was becoming popular during the 1920s?
Answers (1)
New Questions in Business
Cotton Brokers, Inc., enters into a contract to sell denim clothing to Delite Natural Fashion store, which in turn sells a pair of jeans to Esmé, a consumer. In comparison to standards that apply to consumers, the UCC imposes on merchants A.
Answers (1)
Globalization of the economy has been led primarily by transnational corporations. what do these corporations do?
Answers (1)
The Single European Act was put in place in an attempt to Multiple Choice convince Great Britain to remain in the EU. determine the viability of a common currency. expand the role of the EU into northern Africa.
Answers (1)
One reason to buy a home instead of rent a home is: AHomes have the potential to appreciate in value over time. BHomes have fewer maintenance costs. CBuying a home requires less money upfront. DBuying a home is a more flexible housing option.
Answers (1)
The following amounts are reported in the ledger of Mariah Company: Assets $ 78,000 Liabilities 41,000 Retained Earnings 9,000 What is the balance in the common stock account
Answers (1)
Home » Business » Aggregate demand is everything produced while simple demand is one good. which statement reflects aggregate demand? A. calculating the total output of pistachios from Mexico B. calculating the total output of oranges from Illinois C.
Sign Up Forgot Password?