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William Petty's Contribution to Measuring Aggregate Output
William Petty, a seventeenth-century English medical doctor and professor of music, is recognized for conducting one of the earliest known estimations of a country's total or aggregate output. His work serves as a historical precursor to the modern, systematic methods of national accounting.
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Updated 2025-10-04
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Ch.3 Aggregate demand and the multiplier model - The Economy 2.0 Macroeconomics @ CORE Econ
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