Economists understand that measuring the largest component of aggregate spending does not tell us whether growth is created by investment or consumer spending.
But the further the term premium is driven into negative territory, the more the previous logic comes into play, and hence the weaker is likely to be the response of aggregate spending to further downward pressure on long-term rates.
For the 65 country analysis, all HIV expenditures were totaled and taken out of the aggregate spending on health of those 65 countries to report HIV spending as a share of total health spending.
They and other -- "Keynesian" -- economists have suggested an array of possible causes for the US economy and others to display a propensity of aggregate demand shortfalls, in the sense that, as a result of structural conditions, aggregate spending would be enough to ensure full employment and use of potential output capacity only in the presence of negative real interest rates.
This represented 78% of aggregate gross transfer spend by Premier League clubs, as compared with 61% the previous summer window.
Let's see where we are in terms of aggregate sales and spend in 6 months and a year and three years' time.
On the other side of the equation, few of us see ourselves as direct beneficiaries of aggregate government spending, except in an abstract or theoretical way.
For everyone else, the key point is that the aggregate profits earned by a nation's corporations come from the aggregate spending of their customers: households, the government, foreigners, and other businesses.
Since launching in March as part of UpWest's fourth batch of Israeli-American startups, Qlika has attracted a dozen enterprise customers, including Redbeacon, Thumbtack, Where2GetIt and HomeTalk, and will soon be managing a total of $200 million in aggregate ad spend for those customers.
First, it could keep aggregate spending on health care below the sum of collections of health insurance premiums.
