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Question : Which of the following statements are true?

  1. Aggregate demand and aggregate expenditure means the same.
  2. Aggregate demand is a stock concept.
  3. Aggregate demand refers to the planned expenditure.
  4. Aggregate demand and market demand are one and the same thing.

Option 1: Only 2&4
 

Option 2: Only 1&4
 

Option 3: Only 1&3
 

Option 4: Only 1&2
 


Team Careers360 24th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Only 1&3
 


Solution : The important points-

  1. Aggregate demand and aggregate expenditure means the same.
  2. Aggregate demand is a flow concept.
  3. Aggregate demand refers to the planned expenditure
  4.  Aggregate demand and market demand are on different thing. 

Hence, Option C is correct.

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