macro-clicker-quiz-1.pdf - INTRO CQUIZ1 What happens if...

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INTRO CQUIZ1 What happens if Consumption falls? Aggregate demand, output, and prices all fall Macroeconomics deals with the determinants of output, level of prices, inflation, growth, role of moentary and fiscal policy and more Keynes was professor at Cambridge University (England), author of General Theory, believer in dealing with short-run problems and focused on aggregate demand and fiscal policy The invisible hand indicates that under certain assumptions, self-interested individuals
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