1. Macroeconomics is concerned with price, output, and equilibrium m highly aggregated markets. Both micro- and macroeconomics...

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1. Macroeconomics is concerned with price, output, and equilibrium m highly aggregated markets. Both micro- and macroeconomics utilize the same tools and postulates. The level of aggregation is the distinction between the two.

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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