17
QuizMultiple Choice

Introduction to Macroeconomics

Question 17 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

The aggregate is

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

Explanation

In economics, aggregate means a total formed by combining individual amounts. So aggregate demand or supply is the total quantity of goods demanded or supplied, making “the total number of goods demanded or supplied” the correct choice.

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