What is the term for the total demand for all goods and services in an economy at a given time?
Econ Unit 5 FA Dummy 2, 2025-26

Quiz
•
Social Studies
•
9th - 12th Grade
•
Hard
Adam Berkowicz
FREE Resource
39 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Market Curve
Aggregate Demand
Labor Index
Consumer Wealth
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total amount of goods and services buyers are willing and able to purchase at various price levels is known as:
Aggregate Demand
Inflation Curve
Trade Balance
Consumer Index
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following refers to the total demand for all final goods and services in a particular economy?
Aggregate Demand
Marginal Cost
Business Investment
Net Exports
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A study finds that when interest rates drop, consumer and business spending both increase significantly. Which economic concept does this behavior reflect?
Aggregate Demand
Labor Productivity
Tax Incidence
Supply Elasticity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A government stimulus increases public spending, and shortly after, businesses report higher sales across many industries. What is this an example of?
Aggregate Demand rising
Trade surplus reduction
Increase in supply chain delays
Decrease in fixed capital
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During a recession, economists observe falling wages and lower consumer spending. Which component of the economy is most directly affected?
Aggregate Supply
Aggregate Demand
Monetary Base
National Income
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A country reduces personal income taxes, leading to higher consumption and investment. What effect would this have on aggregate demand?
It would remain constant
It would decrease slightly
It would increase overall
It would affect only imports
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