For a Macroeconomist, the Case for Aggregation Is Based on Two

question 134

Multiple Choice

For a macroeconomist, the case for aggregation is based on two principles-(1) the composition of demand and supply may not matter for some purposes and (2)

• A)during fluctuations markets normally move together.
• B)individual markets allocate resources efficiently.
• C)inflation, unemployment, and growth never go together.
• D)individual markets distribute income efficiently.

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