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
Get the aggregate demand mug.Related Words
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she is also the most beautiful girl for me
She is so caring and sweet, never ever in your life would you expect to meet such a cute girl.
You can talk about everything with her, she will make your problems fly away. Her hugs are magical.
You will forget about the time and everything else when youre with her, even that you had to bring out ya dog and wash the damn dishes.. sorry ma, your son is in love!
That cute look she gives you when you kiss her, it makes you wanna give her 100 more kisses but also eat her out, it drives you crazyyyy
She has such a good soul and beautiful personality, i could talk for 3 more hours about her and i wouldnt even need to tell you how beautiful her face is, her heart is beautiful enough, but just so you know
she is also the most beautiful girl for me
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by zweifingergemälde August 3, 2020
Get the Dimana mug.One who brings a surfboard to the beach even though they don't surf. Bro Diegans are often observed traveling a high rates of speed down the 5 freeway in their used BMW's. They frequently reek of Axe and are generally considered douche bags. The most dense population of Bro Diegans can be found in the Gaslamp district getting hated on by a tall man named Matt.
by Dick Waterfall February 8, 2009
Get the Bro Diegan mug.by gorilla adam March 25, 2007
Get the box on demand mug.When you ejaculate in a girls hair and then slick it back. Then follow up with sayin "OHHHH!" (like Andrew Dice Clay)
by John Albatross May 4, 2010
Get the The Diceman mug.Dude, I am gonna dismantle your unit.
Hey, it looks as if your vehicle has been dismantled, yet it still seems to suit you for your daily ventures.
Hey, it looks as if your vehicle has been dismantled, yet it still seems to suit you for your daily ventures.
by Jansen Douglas August 10, 2006
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