In a simplified economy with no government or international trade, households plan to spend $800 billion on goods and services, and firms plan to spend $200 billion on new machinery and buildings. What is the total planned spending, or aggregate demand, in this economy?
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In a simplified economy with no government or international trade, households plan to spend $800 billion on goods and services, and firms plan to spend $200 billion on new machinery and buildings. What is the total planned spending, or aggregate demand, in this economy?