Match the Term with Its Descriptor

question 63

Multiple Choice

Match the term with its descriptor.
-data set which is both ordered and constant but contains no natural zero as a point of reference

• A)case fatality rates
• B)mortality rates
• C)morbidity rates
• D)discrete data
• E)continuous data
• F)nominal data
• G)ordinal data
• H)interval data
• I)categorical data

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Definitions:

Aggregate Demand Curve

The Aggregate Demand Curve represents the total quantity of all goods and services demanded by the economy at different price levels.

Equilibrium Real National Output

The level of output where aggregate supply equals aggregate demand in an economy, adjusted for inflation.

Inventories

Goods that have been produced but remain unsold.

Production

The process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output).