Phrase guide
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noun
The proposal that macroeconomic analysis be concerned with the theoretical consequences of optimizing behaviour by rational consumers, firms, and labourers, rather than with observable phenomena such as booms or slumps.
Definition source: English Wiktionary via Wiktextract
Usage: uncountable
Topics: economics, sciences
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
History
No etymology was provided for this word.
Across languages
1 source translations are retained for this English entry.
