The Aggregation Assumption
A foundational premise for macroeconomic modeling is the aggregation assumption. This principle posits that it is possible to combine all the different goods and services produced across an entire economy into a single, representative measure of total output.
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Introduction to Macroeconomics Course
Ch.1 The supply side of the macroeconomy: Unemployment and real wages - The Economy 2.0 Macroeconomics @ CORE Econ
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