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What is a determinant of aggregate demand?
A
A factor caused by the price level that changes the quantity demanded along the AD curve.
B
A factor other than the price level that changes an AD component and shifts the whole AD curve.
C
A factor other than the price level that changes the general price level along the AD curve.
D
A factor other than the price level that changes only total output without shifting the AD curve.
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4.3.3 determinants of AD (detailed knowledge of the components of AD is not required) Flashcards
25 flashcards on CIE Intl A Level Economics 4.3.3 determinants of AD (detailed knowledge of the components of AD is not required): the key terms and definitions you need to recall.