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Behavioural Macroeconomics Spanish prepositions A decline in growth due

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A decline in growth due to poor productivity and an unfavourable change in demography has weakened the stand of liberal democracy

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Behavioural Macroeconomics Spanish prepositions A decline in growth dueModern macroeconomics has been based on the paradigm of the rational individual capable of understanding the complexity of the world. This has created a very shallow theory of the business cycle in which nothing happens in the macroeconomy unless shocks occur from outside. Behavioural Macroeconomics: Theory and Policy uses a different paradigm. It assumes that individual agents experience cognitive limitations preventing them from having rational

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