2. Because macroeconomics covers the economy asa whole, macroeconomists ignore the fine distinctions among different kinds of

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2. Because macroeconomics covers the economy asa whole, macroeconomists ignore the fine distinctions among different kinds of goods, firms, or markets and focus on national totals, such as aggregate consumption. The process of adding individual economic variables to obtain economywide totals is called aggregation.

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Macroeconomics Plus Myeconlab With Pearson Global Edition

ISBN: 377221

9th Canadian Edition

Authors: Andrew B. Abel ,Ben Bernanke ,Dean Croushore

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