Question:medium

Aggregate demand for final goods consists of:

Updated On: Apr 2, 2026
  • Government spending
  • Imports
  • Savings
  • Taxes
Show Solution

The Correct Option is A

Solution and Explanation

Aggregate demand for final goods in economics is the sum of its components, represented by the aggregate demand equation:

\(AD = C + I + G + (X - M)\)

  • C (Consumption): Total household spending on goods and services.
  • I (Investment): Business spending on capital goods, residential construction, and inventory changes.
  • G (Government Spending): Government expenditure on final goods and services.
  • (X - M) (Net Exports): The difference between exports (X) and imports (M).

Analysis of options:

Government spending: A direct contributor to aggregate demand through purchases of goods and services.

Imports: Subtracted from exports in the calculation of net exports; do not positively contribute to aggregate demand.

Savings: An allocation of income that does not directly increase aggregate demand; higher savings can reduce consumption.

Taxes: Government revenue; do not directly contribute to aggregate demand but can influence it indirectly by affecting disposable income.

Therefore, Government spending is the correct component of aggregate demand among the provided options.

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