Which of the following factors affect the Aggregate Demand curve? Choose all that apply. Group of answer choices Education Imports Saving Exports Labor Force Productivity Investment Government Purchases Consumption Technology
Which of the following factors affect the Aggregate Demand curve? Choose all that apply. Group of answer choices Education Imports Saving Exports Labor Force Productivity Investment Government Purchases Consumption Technology
Chapter20: Aggregate Demand And Supply
Section: Chapter Questions
Problem 7SQ
Related questions
Question
Which of the following factors affect the Aggregate
Choose all that apply.
Group of answer choices
Education
Imports
Saving
Exports
Labor Force
Productivity
Investment
Government Purchases
Consumption
Technology
Expert Solution
Step 1
The entire quantity of products and services that households, corporations, governments, and foreign purchasers are willing and able to acquire at a specific price level in a specific period, often a year, is referred to as aggregate demand. It is often shown as a downward-sloping curve on a graph with the price level on the vertical axis and the quantity of production on the horizontal axis. It depicts the demand side of the economy.
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