Aggregate
in sentence
821 examples of Aggregate in a sentence
If one grants the premise that there is an insufficiency of
aggregate
global demand, the alleged Chinese undervaluation of the renminbi can, indeed, be seen as a beggar-thy-neighbor policy, which diverts inadequate world demand to Chinese goods at the expense of other countries.
As a Keynesian, I believe that the state paying people to dig holes and then fill them up would increase
aggregate
demand and produce more income.
First, Kicillof attributed Argentina’s rapid economic growth in the years between its 2001 debt default and the 2008 global financial crisis to a Keynesian reflation of domestic
aggregate
demand.
This is one of the reasons why the boom of 2006 was incapable of creating additional jobs in German manufacturing; why Germany still has the OECD’s highest unemployment among low-skilled workers; and why
aggregate
full-time employment has not yet returned to its level in 2000.
If there is going to be more
aggregate
demand, it can come from only one place.
In his 2013 book, The Great Escape, Nobel laureate economist Angus Deaton shows how progress in reducing
aggregate
privation, famine, and premature death over the past 250 years has left many social groups behind.
By contrast, critics of free trade worry that it might lock poor countries into producing goods that offer little room for productivity growth, and point out that even if there are
aggregate
gains from globalization, there are also clear losers.
But these are the people least likely to take their tax cuts and spend them to boost
aggregate
demand.
Post-crisis sluggishness in US
aggregate
demand – especially consumer demand – is likely to persist, denying Chinese exporters the support they need from their largest foreign market.
No, said the followers of John Maynard Keynes, it must offset swings in business animal spirits in order to stabilize
aggregate
demand.
What it needs is a push – more
aggregate
demand.
In the US, the weak dollar will be a powerful boost to net exports, and thus to
aggregate
demand.
So we will have to rely on other sources of
aggregate
demand.
Even setting aside the question of whether more is always better, what can the Juncker plan do to have a positive short-run impact on
aggregate
investment?
Because higher-income households comprise a larger share of the total in these countries (which also tend to have lower levels of inequality),
aggregate
consumption remained subdued.
That is why, in the absence of appropriate fiscal policies to address insufficient
aggregate
demand, unconventional monetary policies will remain a central feature of the macroeconomic landscape.
Household consumption accounts for more than two-thirds of
aggregate
demand, and consumption growth depends on income growth for the bottom 90%.
Many influential economists are now worried that the US faces anemic growth and “secular stagnation,” owing to a persistent gap between
aggregate
demand and full employment.
Stagnant middle-class incomes imply weak
aggregate
demand, which in turn means slack labor markets and stagnant wages for most workers.
In the absence of aggressive monetary and fiscal policies to support
aggregate
demand at full-employment levels, the result is a vicious slow-growth cycle.
But in the
aggregate
statistics, their loss was offset by a bonanza for the rural workers of South Paris, who went from slaving away in near-subsistence agriculture to holding a seemingly steady job in a shoe factory.
Again, the
aggregate
statistics didn’t change much.
The first is that the world suffers from a shortage of
aggregate
demand relative to supply; the second is that monetary and fiscal stimulus will close the gap.
Both views accept that the central source of weak
aggregate
demand is the disappearance of demand from former borrowers.
In fact, increased spending, which the Keynesians saw simply as boosting
aggregate
demand, produced distortions.
The economic and human costs of deficit reduction in a weak economy are appalling, and the targets won’t be met, either, because the spending cuts will erode the government’s revenue as
aggregate
demand falls.
In fact, according to the World Bank’s most recent calculation of the purchasing power of
aggregate
income, China is about to overtake the United States as the world’s largest economy.
At the macro level,
aggregate
US productivity has increased by more than 250% since the early 1970s, while hourly wages have remained stagnant.
Perhaps our current economic arrangements can produce growth only at the
aggregate
level, while driving down most people’s living standards.
But even having a job is no guarantee of financial security: many employed people know that their jobs are vulnerable, and there has been inadequate progress in job quality, even in countries where
aggregate
economic indicators are improving.
Back
Next
Related words
Demand
Growth
Would
Economy
Which
Global
Economic
Countries
Fiscal
Their
Income
Investment
Increase
Supply
Policy
Spending
Rates
Policies
There
Interest