Multiple Choice Questions on In an open economy Aggregate Demand is estimated as ........ for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

In an open economy Aggregate Demand is estimated as ........

Economics (CUET) National Income Accounting
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    In an open economy, Aggregate Demand is estimated as:

    (

    private consumption expenditure + private investment expenditure + government expenditure + exports


     

    Incorrect Answer

    private consumption expenditure + private investment expenditure + government expenditure + imports
     

    Incorrect Answer

    private investment expenditure + government expenditure + net exports
     

    Incorrect Answer

    private consumption expenditure + private expenditure + government investment expenditure + net exports

    Correct Answer
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    Explanation:

    Option (4) is correct.
    Explanation: Aggregate Demand refers to the value of final goods and services which all sectors of an economy are planning to buy during a year.
     

    By: Parvesh Mehta
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