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Nataliya [291]
4 years ago
6

Aggregate demand is everything produced while simple demand is one good. which statement reflects aggregate demand?

Business
1 answer:
tester [92]4 years ago
4 0

Answer:

C. calculating the total output for Portugal

Explanation:

  • Aggregate demand can be thought as the total amount of products that are demanded by individuals in an economy, in a certain period of time.
  • It is a way of measuring the total output of goods demanded in a territory, periodically.
  • Because in equilibria, aggregate demand must equal aggregate supply, thinking about total output (produced and demanded) is correct.
  • Because <u>it has to do with all the goods that are demanded,</u> options A and B are not suitable.
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