Question : In an open economy, aggregate demand is estimated as:

Option 1: Private consumption expenditure
 

Option 2: Private consumption expenditure + Government expenditure
  

Option 3: Private investment expenditure + Private consumption expenditure + Government expenditure

Option 4: Private consumption expenditure + Private investment expenditure + Government expenditure + Net exports

Question : Aggregate demand in a two sector model involves-
 

Option 1: Consumption and investment
 

Option 2: Investment and net exports
 

Option 3: Net exports and consumption
 

Option 4: Consumption and government
 

Question : ____________ refers to the total expenditure incurred by all private firms on capital goods.
 

Option 1: Private final consumption expenditure.
 

Option 2: Government final consumption expenditure.
 

Option 3: Investment expenditure.
 

Option 4: Net exports
 

Question : ____________ refers to the total expenditure incurred by government on consumer goods and capital goods to satisfy the common needs of the economy.
 

Option 1: Private final consumption expenditure.
 

Option 2: Government final consumption expenditure.
 

Option 3: Investment expenditure.
 

Option 4: Net exports
 

Question : ____________ refers to the total expenditure incurred by households on purchase of goods and services during an accounting year.
 

Option 1: Private final consumption expenditure.
 

Option 2: Government final consumption expenditure.
 

Option 3: Investment expenditure.
 

Option 4: Net exports