Interaction Arenas in the Aggregate Supply-Side Model

An economist is building a model to understand the long-term productive capacity of an economy. Which of the following scenarios focuses most directly on the decisions made by the core participants whose choices determine the model's supply-side outcomes?

Policy Impact on Economic Participants

Core Decision-Makers in a Supply-Side Model

In a standard model of an economy's supply side, the central bank is considered a primary decision-making participant whose choices directly determine the quantity of labor hired and the level of output produced.

Match each economic participant with the description that best represents its primary role within a model focused on determining an economy's overall productive capacity.