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Question
It is seen that the private consumption expenditure, private investment expenditure, and ex-ante savings have reduced the ______ in the economy.
Options
Aggregate demand
Aggregate supply
Investment
None of these
MCQ
Fill in the Blanks
Solution
It is seen that the private consumption expenditure, private investment expenditure, and ex-ante savings have reduced the aggregate demand in the economy.
Explanation:
The total supply of goods and services produced within an economy at a given overall price in a given period is referred to as aggregate supply.
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