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aggregate demand

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aggregate demand

The total demand for goods and services in the economy. When aggregate demand or spending falls over a period of one to two years, the economy tends to go into recession, while a rise in aggregate demand tends to lead to booms in the economy.
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Restoring America's savings-investment balance implies a reduction in global aggregate demand of around $800 billion.
Achieving growth in a rebalanced world by Daily News Egypt (Egypt)
Controversially, aggregate demand is assumed to be the single most important driver of long-term economic growth.
External Liberalization in Asia, Post-Socialist Europe, and Brazil by Slavov, Slavi T. / Comparative Economic Studies
A recent article in this journal by Professors Saltz, Cantrell, and Horton questioned the validity and existence of the aggregate demand curve in macroeconomics.
A comment on "does the aggregate demand curve suffer from the fallacy ... by Kyer, Ben L.; Maggs, Gary E. / American Economist
 
 
 
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