aggregate demand
- noun
- /ˈæɡrɪɡət dɪˈmænd/
- Specialized
- At the same time, the reduction in aggregate demand has caused a cyclical recession in Poland.
- aggregate demand management
- increase in aggregate demand
- policy to increase aggregate demand
Examples
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As each individual tries to get rid of the excess dollars, the overall effect is an increase in aggregate demand.
Academic text (2017) -
Keynes therefore introduced a new and more active role for the state in aggregate demand management.
Academic text (1990) -
First, US aggregate demand is falling.
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And it's not just job creation, but aggregate demand that should be considered.
Blog text (2) -
What do you think this economy needs to recover, if not more aggregate demand?
Blog text (26) -
Expanding the money supply with the objective of increasing aggregate demand does not solve this problem.
Blog text (34) -
The drop in domestic consumption in the United States has left the country with a shortage of aggregate demand.
Academic text (2011) -
Given states' balanced budget requirements, reductions in public university revenues could have large effects on aggregate demand, but not necessarily right away.
Academic text (2016) -
The initial impact of the sanctions is to reduce income and to affect aggregate demand, including consumption, government expenditures, and revenues.
Academic text (1995) -
The government's investment in infrastructure aims to boost aggregate demand and stimulate economic growth.
Synonyms
How much people want and can buy of a product at a price
The total demand for goods and services around the world
Antonyms
Surface Forms
Morphology
The meaning 'total demand in an economy' is directly and compositionally derived from 'aggregate' (overall total) + 'demand' (quantity wanted), so a learner who knows both constituent words can infer the MWE. Although it's a technical economics term, the noun–noun composition follows regular, cross-linguistically common patterns and does not require idiomatic knowledge.
Etymology
Aggregate demand comes from the idea of many people's wants added together: aggregate means 'all together' and demand means 'want to buy'. Imagine all shoppers' lists put into one big pile; that image shows why it means the total amount people want to buy in a whole country.