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
DeMaio
• Demai
• demaia
• demaige
• demaigio
• demaih
• DEMAILING
• demain
• Demain c'est vendredi
• Demainstreamization
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
Get the demagogue mug.by gorilla adam March 25, 2007
Get the box on demand mug.something asian parents have been known to tell their children. usually involves a poor grasp of the english language and a A- in any subject.
-Why you only have A- in Engrish?
-My teacher is racist! he told me to fix my eyes or deal with bad grades!
-Excuses! you need defailurize or get out of house!
-My teacher is racist! he told me to fix my eyes or deal with bad grades!
-Excuses! you need defailurize or get out of house!
by rapedbycatsandbunnies December 10, 2009
Get the defailurize mug.this weird crazy girl who looks like a peacock. and has dejavus....
shes the best friend in the world though.
and she hurts herself a lot....
shes the best friend in the world though.
and she hurts herself a lot....
1. Delaine: "Ow."
Sierra: "What happened?"
Delaine: "I fell off the teeter totter & banged my head on a metal box.
2. Delaine: "I peed on a floating toilet."
Sierra: "What happened?"
Delaine: "I fell off the teeter totter & banged my head on a metal box.
2. Delaine: "I peed on a floating toilet."
by heheshawty October 19, 2008
Get the delaine mug.