Examlex
Which of the following is correctly matched?
Aggregate Demand
The total demand for all goods and services within an economy at a specific time and price level.
Aggregate Supply
The aggregate amount of products and services that suppliers in the economy can and are ready to provide across varying price points.
Macroeconomic Variables
Indicators or factors that reflect the overall health and performance of a country's economy, such as GDP, unemployment rates, and inflation.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
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