As more people are unemployed, for example, the government disburses more, helping to maintain demand in a declining economy.
This is key to maintaining the supply of credit and growth in the rate of homeownership, which helps to maintain demand in the housing market.
It is a reminder, in the consensus view, that the basic tenets of Keynesian economics – primarily, that government spending plays a key role in maintaining demand when the private sector is struggling in a severe financial crisis — remain as valid as ever.
"He also played a key role in the development of the 'global savings glut' theory, which the Fed used as a very convenient excuse to say we are doing the world a big favor in maintaining demand.
Mellon and Owen said they recognize that agricultural research remains influenced by chemical companies with a vested interest in maintaining demand for pesticides, as Carson suggested 50 years ago.
Business fare revenues fell by 30% in February as airlines cut prices in a frantic bid to maintain demand.
In economies such as these, there is a heavy reliance on the government to maintain demand.
The intention was to stimulate lending and thus maintain demand.
The act, one of the biggest job-creating schemes in the world, is widely credited with maintaining rural demand in the face of one of the worst monsoons for years.
