CAIE A-Level Economics 4.3.1 Aggregate Demand
Practise recognising what aggregate demand measures and how an AD curve relates output demanded to the price level.
- Syllabus
- 2026–2028
- Course
- Economics 9708
- Level
- AS
Exam points
- interpret an AD curve as total output demanded at different average price levels
- identify the correct axes and meaning of points on an aggregate demand diagram
4.3.1—Aggregate Demand question 1
[Maximum number: 1]
What is a correct description of an aggregate demand (AD) curve?
A
It is a curve obtained by adding the market demand curves of all consumer goods traded in an economy.
B
It is a curve determined by the horizontal summation of all individual consumer demand curves for a product.
C
It is a curve that shows the total amount of goods and services firms are willing to buy at a given price in an economy.
D
It is a curve that shows the total demand of all goods and services produced at all price levels in an economy.
D
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