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Aggregate Demand
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Aggregate Demand
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17. Aggregate Demand and Aggregate Supply Analysis / Aggregate Demand / Problem 8
Problem 8
How does aggregate demand differ from market demand in terms of substitution effects?
A
Aggregate demand is only concerned with investment spending.
B
Aggregate demand is unaffected by price changes.
C
Aggregate demand includes all goods, so substitution does not change overall demand.
D
Aggregate demand is only concerned with government spending, not consumer choices.
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