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Macroeconomics by Mind Map: Macroeconomics
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Macroeconomics

GDP: Income/Production

Equilibrium: Supply = Demand

MPC: Marginal Propensity to Consume

Multiplier = Change in GDP / Change I

Fiscal Policy Expenditure, taxes

Aggregate Demand and Supply

Aggregate Demand

Axis: Price and Real GDP

Aggregated Supply

Self-Correction Mechanism