Macroeconomics pp 205-228 | Cite as


  • Rosalind Levačić
  • Alexander Rebmann


Aggregate consumption is the largest component of aggregate demand. It is therefore important for the implementation of Keynesian economic policy to be able to predict consumption reasonably well. So it is not surprising that aggregate consumption theory is a major area of macroeconomic research.


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© Rosalind Levačić and Alexander Rebmann 1982

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  • Rosalind Levačić
  • Alexander Rebmann

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