Answered

an increase in expected future income will group of answer choices decrease aggregate demand and aggregate supply. increase aggregate demand and aggregate supply. increase aggregate supply. increase aggregate demand.

Answer :

An increase in expected future income will group of answer choice is increase aggregate demand.

What is aggregate demand?

  • Aggregate demand is the total amount of products and services consumed in an economy at all potential price levels at any given time.
  • The terms total and price levels are crucial in this context. The desire for all final products and services generated in an economy is measured as aggregate demand.
  • The entire amount of money spent on those goods and services at a particular price point and time is referred to as aggregate demand.
  • However, aggregate demand identifies the complete market for all goods and services that an economy generates and expresses it as a total dollar value.
  • An economic system's total demand for goods and services can be examined using the concept of aggregate demand.
  • Macro economicians use it as a tool to assess or forecast the strength of the entire economy in a nation over a specific time period, typically one year.

To learn more about  aggregate demand refer to:

https://brainly.com/question/1490249

#SPJ4

Other Questions