Fallacy of composition (economics)/Definition: Revision history

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6 April 2009

  • curprev 16:5816:58, 6 April 2009imported>Nick Gardner 182 bytes +182 New page: <noinclude>{{Subpages}}</noinclude> the assumption that the behaviour of the economy as a whole is similar to the behaviour of one of its components - such as a household or a firm.