Question

Effective demand is known as ______.

विकल्प

• ex-post demand

• actual aggregate demand

• planned demand

• both ex-post demand and actual aggregate demand

Answer 1

Effective demand is known as ex-post demand and actual aggregate demand.

Explanation:

Effective demand is known as actual or ex-post demand because it represents the aggregate demand that is fully realised and backed by purchasing power in the market. Unlike planned (ex-ante) demand, which reflects what people intend to spend, effective demand measures the actual expenditures spent on final goods and services. Therefore, it is correctly described as both ex-post demand and actual aggregate demand.