Practice Determinants Of Aggregate Demand (2.2.4) - Chapter 2: Theory of Income and Employment
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Determinants of Aggregate Demand

Practice - Determinants of Aggregate Demand

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What do we mean by aggregate demand?

💡 Hint: Consider the equation involving consumption, investment, and government spending.

Question 2 Easy

List one factor that affects consumption.

💡 Hint: Think about what households consider when spending.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is included in the formula for aggregate demand?

C + I + G + (X - M)
C + I - G + M
C + R + G + (X + M)

💡 Hint: Consider the components of economic activities.

Question 2

True or False: A decrease in government spending will always lead to a decrease in aggregate demand.

True
False

💡 Hint: Think about the broader economic context.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Evaluate how a recession can alter the determinants of aggregate demand. Provide examples.

💡 Hint: Think about the interconnectedness of economic factors during downturns.

Challenge 2 Hard

Discuss the potential impact of a strong currency on a country’s economic growth, particularly focusing on net exports.

💡 Hint: Consider the balance between imports and exports when discussing overall economic health.

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