*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
Get the aggregate demand mug.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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by gorilla adam March 25, 2007
Get the box on demand mug.To foresaken one's manhood.
When a suppository is inserted in to a man's rectum and/or when a prisoner drops the soap.
Guy 1: Dude, watch out for the stomach flu. I heard some dude had to go to Urgent care and totally got demanalized. He's been curled up in a ball sucking his thumb for the past 3 days.
Guy 2: Damn...we should go buy him a hooker.
Guy 1: Dude, watch out for the stomach flu. I heard some dude had to go to Urgent care and totally got demanalized. He's been curled up in a ball sucking his thumb for the past 3 days.
Guy 2: Damn...we should go buy him a hooker.
by EER41 December 7, 2006
Get the Demanalized mug.A kid, who is 15 years old and still plays Fortnite. He also plays roblox and scams little kids. Him and his partner, Southern Enforcement do not care about their fans, and only do it for the money. When he quit Roblox thinking he had made enough money, he said "We are going to FiveM, where there arent little annoying ROBLOX kids." This proves how unthankful and scummy this kid is. He also doesnt brush his teeth and weighs about 200 lbs.,
by SWAKZ849 April 17, 2020
Get the Just Demand mug.A video game term most commonly used when a fan or bootleg company takes an already existing game (usually everything after the fith generation of video game consoles) and remakes it entirely on less powerful hardware. (Most commonly the Nintendo Entertainment System and Game Boy)
by DragonAnimation April 29, 2019
Get the Demake mug.noun: Italian or Italian-American who is born with genes to know it all and to be correct in all things, all the time.
Has strong integrity in all things he/she does and will not back down on opinion. DeMaios usually bear distinct facial features, i.e. large nose, full lips. Though respected as they mature, some young opinionated DeMaios may not achieve success in the career of choice, due to lack of business manners and the know-it-all attitude, also known as "not knowing when to shut up".
see: mouth almighty, tongue everlasting
Has strong integrity in all things he/she does and will not back down on opinion. DeMaios usually bear distinct facial features, i.e. large nose, full lips. Though respected as they mature, some young opinionated DeMaios may not achieve success in the career of choice, due to lack of business manners and the know-it-all attitude, also known as "not knowing when to shut up".
see: mouth almighty, tongue everlasting
She must be a DeMaio, she knows it all.
You can tell he's got a lot of DeMaio blood, he's right ALL the time and knows all things! Just ask him!
He's all DeMaio. Big mouth.
You can tell he's got a lot of DeMaio blood, he's right ALL the time and knows all things! Just ask him!
He's all DeMaio. Big mouth.
by numbit February 3, 2010
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