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Aggregate Demand

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Bachelor macro Mind Map on Aggregate Demand, created by Carley Catalano on 22/10/2013.
Carley Catalano
Mind Map by Carley Catalano, updated more than 1 year ago
Carley Catalano
Created by Carley Catalano over 10 years ago
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Resource summary

Aggregate Demand
  1. Downward Sloping because C, I, G and NG
    1. Price level increases the quantity of real GDP demanded
      1. Wealth Effect - high interest rates. Moves LEFT. Less consumption, rise of living expenses
        1. increased Growth Rate of Domestic GDP against GR of foreign GDP. MOVES LEFT.
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