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AP® Macroeconomics

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Definition of Aggregate Demand

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Aggregate demand is best described as

A

representing the demand of all consumers for all of the goods produced in a nation in a given time period at constant price levels.

B

representing the demand of a subset of consumers for all goods and services produced in a nation in a given time period at constant price levels.

C

representing the demand of all consumers for all the goods and services consumed in a nation in a given time period at different price levels.

D

representing the demand of a subset of consumers for all goods and services produced in a nation at different price levels.

E

representing the demand of all consumers for all the goods and services produced in a nation in a given time period at different price levels.