1.

(i) Aggregate demand has the four components are consumption demand, investment demand, Government expenditure and Net export. (ii) Aggregate demand refers to the required amount of labourers and materials to produce the neccessary output.(a) Both (i) and (ii) are true (b) Both (i) and (ii) are false (c) (i) is true but (ii) is false (d) (i) is false but (ii) is true

Answer»

(c) (i) is true but (ii) is false



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