History, 16.04.2021 23:10, haileywatkins

What is aggregate demand? a. Total amount of goods and services demanded by consumers, business firms, government and other nations at various price levels

b. inflation caused by too much demand and that the amount of money in circulation is increasing faster than goods and services can be produced and offer for sale.

c. When prices increase workers demand a cost of living increase in wages, which lead to increase cost of production, which means businesses charge more for goods and service. Then the cycle repeats.

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What is aggregate demand? a. Total amount of goods and services demanded by consumers, business fi...