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Author Question: What is the best way to describe aggregate demand? A) quantity required to satisfy equilibrium ... (Read 98 times)

notis

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on: Jun 30, 2018
What is the best way to describe aggregate demand?
 
  A) quantity required to satisfy equilibrium
  B) exports decrease; imports increase
  C) amount of a country's goods and services demanded by household and firms throughout the world
  D) individual's demand
  E) domestic demand of foreign imports.

Question 2

Refer to above figure. In the absence of trade, what is the country's producer surplus?
 
  What will be an ideal response?


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Mollythedog

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

180


notis

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bblaney

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Reply 3 on: Yesterday
Excellent

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