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Discover LudwigThe phrase "effective demand" is correct and usable in written English.
It is used to refer to the total demand for a good or service taking into account the price, availability, and the purchasing power of consumers. For example: "The automobile industry will benefit from an increase in effective demand as the economy continues to recover."
Exact(60)
A Keynesian recession is caused by too much saving and lack of effective demand.
Businesses will be put off investing due to a lack of effective demand.
Central to Keynesian economics is an analysis of the determinants of effective demand.
Although Indonesia is underbanked, most commercial banks have been unresponsive to unmet effective demand.
This pushes up effective demand and could possibly lift the equilibrium level of house prices.
Re-employed workers will have the cash with which to exert effective demand.
Another observation may be made on Keynes's doctrine of effective demand.
An effective demand failure might be described as "a failure to communicate".
The worker must have cash in order to exercise effective demand for goods.
To achieve this, we propose an effective demand flattening management scheme for the customers.
This allowed people to spend their hard-earned cash on consumer goods, creating effective demand in the economy.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com