Aggregate demand is?

Question

A: the total intended spending by households, firms, gov. agencies and foreign buyers on domestically-produced output

B:the total intended spending by households, firms, gov. agencies and foreign buyers

C: the total amount spent on domestically-produced output

D: all of the above.

Answer 1

In economics, aggregate demand is the total demand for final goods and services in the economy at a given time and price level.

Therefore the answer is C the reason being the total demand is the criteria for determining demand not the intended spending.

Answer 2

aggregate demand has nothing to do with "intended" spending. it's the ACTUAL spending that occurs - the total domestic demand for domestic goods.