Lecture 3: The Goods Market

MIT 14.02 Principles of Macroeconomics, Spring 2023
Instructor: Ricardo J. Caballero

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In this video, Prof. Caballero discusses the goods and services markets. Topics include equilibrium output, the composition of aggregate determination, and the key mechanism of the interaction between demand, production, and income.

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• #goods
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• #production
• #services