Read the passage carefully and answer the questions based on the passage:

Determination of Income and Employment

When, at a particular price level, the aggregate demand for final goods equals the aggregate supply of final goods, the final goods or product market reaches its equilibrium. Aggregate demand for final goods consists of ex ante consumption, ex ante investment, government spending etc. The rate of increase in ex ante consumption due to a unit increment in income is called marginal propensity to consume. For simplicity, we assume a constant final goods price and constant rate of interest over the short run to determine the level of aggregate demand for final goods in the economy. We also assume that the aggregate supply is perfectly elastic at this price. Under such circumstances, aggregate output is determined solely by the level of aggregate demand. This is known as the effective demand principle. An increase (decrease) in autonomous spending causes aggregate output of final goods to increase (decrease) by a larger amount through the multiplier process.

Consumption, investment and government spending are the major components of .....?

Aggregate demand.

The correct answer is Option (2) → Aggregate demand.

As stated in the passage, aggregate demand for final goods consists of ex ante consumption, ex ante investment, and government spending. These are the main components that determine the total demand in the economy at a given price level.