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Which of the following statements regarding aggregate expenditure and aggregate demand is correct?

A. Aggregate demand shows the amount of the desired spending from given levels of income, while aggregate expenditure shows the amount of the desired spending from given levels of prices.

B. Aggregate expenditure shows the amount of the desired spending from given levels of income, while aggregate demand shows the amount of the desired spending from given levels of prices.

C. Aggregate expenditure and aggregate demand represent the same concepts.

D. Aggregate expenditure only includes government purchases and consumption, while aggregate demand includes government purchases, consumption, and investment.

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Divya Singh
Divya SinghLv10
25 Oct 2020
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