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So much for aggregating demand and selling atoms — physical products – over the Web.
Put the two together and aggregate demand rises.
The situation reverses, Keynesian theory says, only when some event or policy increases aggregate demand.
In the face of a deep recession, the Gipper cut taxes and provided a much-needed boost to aggregate demand.
Raj Bordia and his team from the Asian Institute of Management are also looking to aggregate demand from small urban consumers of foodstuffs.
The underlying aggregate demand curve, which relates the aggregate demand reduction to the aggregator's offered price, is assumed to be affine and subject to unobservable, random shocks.
"Growth depends on aggregate demand.
It is the aggregate demand.
What about lack of aggregate demand?
The solution is to boost aggregate demand.
Aggregate demand is likely to stay feeble.
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