by lopi216 May 15, 2022
Get the moms demand action mug.*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.
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
J.M. Keynes, *The General Theory of Employment, Interest, and Money* (1936), Ch.4
by Abu Yahya March 3, 2009
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Demarcus
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A leader who uses a number of underhanded political techniques in order to gain power, including: warmongering, fear, censorship, propaganda, nationalism, xenophobia, hateful rhetoric, false logic, and blatant lies. Uses the blind, patriotic support of the people to institute a corrupt and oppressive government.
by W@tcher January 14, 2006
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He is strongly in love with thicc girlssss
He loves memes (preferably Spongebob)
He loves to hoe around too (thank u, next)
Don't worry if he loves you enough he will stay and make sure you laugh as you cry...
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by Hehehebreh April 7, 2019
Get the Demarion mug.1. a selfless, big-hearted man who will give everything he has to anyone who needs it without a complaint, or hanging what he does over anyone's head.
2. a great friend who doesn't surrender to the "friend zone" and who is victorious in obtaining the heart of his affection.
3. a temperamental man who attracts and arouses a woman's interest by his complex personality and enigmatic ways.
2. a great friend who doesn't surrender to the "friend zone" and who is victorious in obtaining the heart of his affection.
3. a temperamental man who attracts and arouses a woman's interest by his complex personality and enigmatic ways.
by Amanda Nicole Romanach March 12, 2009
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