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Aggregate demand

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Question 2

The table below shows national accounts data for a hypothetical economy in a given year:

Economic IndicatorValue (£bn)
Consumer Expenditure240
Gross Private Investment65
Government Purchases of Goods and Services80
Government Transfer Payments25
National Savings50
Export Revenues45
Import Expenditures55

What is the total value of Aggregate Demand (ADADAD) for this economy?

A

£360bn

B

£375bn

C

£400bn

D

£425bn

Markscheme

Aggregate demand Questions

  1. A Level
  2. /Economics
  3. /Aggregate demand

22 exam-style questions on OCR A Level Economics Aggregate demand. Each one has a worked solution and a mark scheme showing where the marks go.

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