Aggregate
in sentence
821 examples of Aggregate in a sentence
A conclusion we drew was that, at the very least, the path of an economy, measured by conventional macroeconomic variables of unemployment, inflation, and output growth, is not fully determined by
aggregate
demand.
Because a firm’s labor costs are someone else’s labor income and demand, what is individually rational for one firm is destructive in the
aggregate.
With credit exhausted, the effects on
aggregate
demand of decades of redistribution of income and wealth – from labor to capital, from wages to profits, from poor to rich, and from households to corporate firms – have become severe, owing to the lower marginal propensity of firms/capital owners/rich households to spend.
Second, falling marginal production costs and the rise of platforms that
aggregate
and concentrate activity in multiple sectors augment returns to scale.
The problem, advocates of this view claim, is a shortage of productive supply rather than a shortage of
aggregate
demand.
All of this structural change is part of a constantly shifting global economic landscape whose
aggregate
pattern is not perfectly predictable, in part because countries enter and engage with the global economy at different times and expand at different rates.
The
aggregate
size of the developing countries (especially the major emerging economies), their rising incomes, and their ongoing movement up the value chain are having a growing impact on advanced-country economies, particularly these economies’ tradable sectors.
We can no longer take human prosperity for granted, however rosy the
aggregate
indicators for profitability and GDP growth may be.
While reserves increased at an annual rate of 22% over the past three years, the broad monetary
aggregate
(M2) that most closely tracks nominal GDP and inflation over long periods of time increased at less than 6% over the same three years.
For consumers, the slice of the economic pie made available by their disposable incomes will shrink in real terms, leading to a fall in
aggregate
demand.
If a central bank has two policy targets, then it needs two instruments: monetary policy to influence
aggregate
demand, and regulatory policy to limit financial risks.
Economic growth at that pace exceeds the expansion of
aggregate
supply, straining resource use and prodding the Federal Reserve to continue along its path of gradual interest-rate renormalization.
And the Chinese authorities are now scaling back the other major driver of their country’s growth, public-sector investment, as low-return projects seem to generate
aggregate
demand but prove unsustainable fairly quickly.
The right target for generating growth is domestic
aggregate
demand based on the right mix of consumption and high-return investment.
The dot-com bubble wasn't a threat to the banking system as such, but rather a threat to
aggregate
demand.
A central bank, it was argued, never runs out of options for stimulating
aggregate
demand and stoking inflation, provided it is willing to resort to radical measures.
If China is to thrive in the long term, raising its
aggregate
productivity is key.
But, apart from the political impossibility of nationalizing the whole economy peacefully, this approach suffered from the fatal flaw of ignoring the role of
aggregate
demand.
As long as “the state is able to determine the
aggregate
amount of resources devoted to augmenting the instruments [i.e., the capital base] and the basic reward to those who own them,” there is no “obvious case” for further involvement.
This is particularly regrettable, given that there is a broad consensus regarding the technical components of the required policy response: structural reforms to revamp growth engines, efforts to rebalance
aggregate
demand, and the elimination of debt overhangs.
Meanwhile, the core countries, already running trade surpluses (in some cases as high as 6% of GDP), have no incentive to strengthen the
aggregate
demand that would relieve pressure on their partners.
Thus, if reform on the eurozone’s periphery succeeds, both these economies and core countries will suffer from decreasing
aggregate
demand; if reform fails, either the deficits will continue to be financed, leading to further accumulation of external debt, or the entire eurozone will fall into depression, with sovereign debtors eventually defaulting on their liabilities.
Quantitative easing, combined with public investment, would impart the growth impetus that the eurozone sorely needs to bring about a gradual reduction in its
aggregate
debt burden.
It is this high degree of fragmentation that explains Italy’s poor
aggregate
performance.
It is far too early to expect significant shifts in the major sources of
aggregate
demand.
First observed by John Maynard Keynes during the Great Depression of the 1930s, the liquidity trap describes a situation in which policy interest rates, having reached the zero bound, are unable to stimulate chronically deficient
aggregate
demand.
The most important lesson from the 1930s, as well as from the modern-day Japanese experience, is that monetary policy provides no answer for a chronic deficiency of
aggregate
demand.
Although some readers might not care for gossipy reports of brusque bellboys in Berlin or malfunctioning hotel hairdryers in Houston, the true power of online reviews lies not just in the individual stories, but in the Web sites’ capacity to
aggregate
a large volume of ratings.
The most significant deliverable of the OECD’s BEPS initiative lies in its new country-by-country reporting requirements, which force multinationals to provide
aggregate
information annually, in each jurisdiction where they do business, relating to the global allocation of income and taxes paid.
This rate of potential output growth – roughly half the pre-crisis trend – is associated with an
aggregate
unemployment rate of about 8%.
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