1
QuizMultiple Choice

Introduction to Macroeconomics — Quiz

Question 1 • Personal Finance and Economics

The aggregate is

Answer
A
a form of revenue.
B
the total number of goods demanded or supplied.
C
the total profit made on sales.
D
a type of economic system.

Explanation

In economics, aggregate means a total or combined amount. In this context, it refers to the total number of goods demanded or supplied, rather than revenue, profit, or an economic system. So the correct choice is “the total number of goods demanded or supplied.”

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