CBSE 2015 Class 12 Economics Outside Delhi Set-1

Question : 1 of 18

Marks: +1, -0

SECTION-B

(Macro-economics)

What is 'aggregate demand' in macroeconomics?

Solution:

Aggregate demand refers to the total value of final goods and services which all the sectors of an economy are planning to buy at a given level of income during a period of an accounting year.

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