aggregate demand

*noun*; a concept central to the idea of Keynesian economics. Under this theory, business cycles (recessions, depressions, booms, recoveries) are caused by a failure of total demand across the entire economy to match total output.

Aggregate demand is not merely influenced by people's ability to buy what they produce; it is also influenced by the marginal propensity to consume (MPC). If the MPC is less than 1, then an increase in national income will be matched by a smaller increase in aggregate demand, causing unemployment to rise and prices to fall.

...When we say that the expectation of an increased demand, i.e. a raising of the aggregate demand function, will lead to an increase in aggregate output, we really mean that the firms, which own the capital equipment, will be induced to associate with it a greater aggregate employment of labour

J.M. Keynes, *The General Theory of Employment, Interest, and Money* (1936), Ch.4

aggregate demand by Abu Yahya March 3, 2009

transportational aggregate 

A mix of ice, salt, cement, black top and other broken-up materials found on roads.

Trucks were showing significant damage from the excessive transportational aggregate found on highway 71.

transportational aggregate by ataraxis July 5, 2009

male-aggregate 

The male gender form of "crack-friend". Received in unsolicited emails from the equatorial regions of the globe where advanced, terrifying, penis-modification clinics are as routine as jacking-off with the western-phantom grip is among star trek fans. A credit card number is often required to further research male-aggregate, dimensional evolution but the cost is well worth the reward.

Your male-aggregate make female creatures breathy with contempt! Make colossal your male aggregate with easy plastic money donation.

male-aggregate by Q Roberts January 12, 2008

Agrenate 

When a group of people move from one country to Invade it with verbal abuse

Those Americans always try to Agrenate

Agrenate by BigBoyChunkyMan September 25, 2021