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QUESTION IMAGE

match the items. a. the total number of goods an services available in …

Question

match the items.
a. the total number of goods an services available in a society
b. the total number of employed and unemployed people in an economy
c. a total of something made up of smaller parts put together
d. the total amount of goods and services that will be purchased in an economy

  1. labor force
  2. aggregate
  3. aggregate supply
  4. aggregate demand

Explanation:

Brief Explanations
  • For item a: "Aggregate Supply" refers to the total goods and services available in an economy, so a matches 3.
  • For item b: "Labor Force" is the total of employed and unemployed people, so b matches 1.
  • For item c: "Aggregate" means a total made of smaller parts, so c matches 2.
  • For item d: "Aggregate Demand" is the total goods and services to be purchased, so d matches 4.

Answer:

a. 3. Aggregate Supply
b. 1. Labor Force
c. 2. Aggregate
d. 4. Aggregate Demand