Aggregate
in sentence
821 examples of Aggregate in a sentence
If that is true, the
aggregate
share of capital is bound to increase.
First, front-loaded fiscal austerity – however necessary – is accelerating the contraction, as higher taxes and lower government spending and transfer payments reduce disposable income and
aggregate
demand.
The argument for a measured deficit-reduction program is to buy time for the structural shifts that will expand accessible external demand and fill in the gap in
aggregate
demand.
For both, reducing the imbalance between
aggregate
supply and
aggregate
demand required, first and foremost, preserving the banking system; and preserving the banking system required boosting
aggregate
demand to bring it closer to
aggregate
supply.
A prolonged and sustained central-bank policy of keeping short-term Treasury nominal interest rates low is essential to keeping the many interest rate-sensitive components of
aggregate
demand from falling even further below potential
aggregate
supply.
From the standpoint of balancing
aggregate
demand and potential
aggregate
supply, the central bank should start by simply issuing a straightforward statement that, five years after the crisis began, a 0-2% target for annual inflation clearly runs unwarranted downside employment risks, and a 2-4% target is called for.
The fact is that years of ultra-low interest rates and massive quantitative easing have not increased
aggregate
demand sufficiently, much less reduced deflationary forces adequately.
But the only way to take advantage of the re-alignment’s benefits, without experiencing serious economic disruptions and financial-market volatility, is to introduce complementary growth-enhancing policy adjustments, such as accelerating structural reforms, balancing
aggregate
demand, and reducing or eliminating debt overhangs.
The advantages, it was expected, would be apparent not just from
aggregate
data, but also from individual citizens’ own experience.
Basic economics tells us that the US trade deficit reflects the
aggregate
levels of domestic saving and investment.
Though not all countries made progress – many small economies did not do well – on an
aggregate
basis, the structure of the world economy was being transformed.
According to them,
aggregate
output is a function of traditional labor, traditional capital, and capital involved in tasks that can be performed entirely without labor.
Their
aggregate
GDP stands at around $11 trillion, or about 80% of the US level.
Altogether, this does not seem to require a major increase in the Union’s resources: 1% of
aggregate
GDP would suffice to perform these tasks.
The Return of Fiscal PolicyNEW YORK – Since the global financial crisis of 2008, monetary policy has borne much of the burden of sustaining
aggregate
demand, boosting growth, and preventing deflation in developed economies.
Moreover, central banks’ near-zero policy rates and effective monetization of debt by way of QE would enhance the impact of fiscal policy on
aggregate
demand.
Public infrastructure not only increases
aggregate
demand; it also increases
aggregate
supply, as it supports private-sector productivity and efficiency.
It is the natural, predictable, and (by many) predicted result of the main European countries’ deliberate policy of repressing
aggregate
demand.
But, in much of the rest of the world, other factors – namely, inadequate
aggregate
demand and significant output gaps, rooted in excess capacity and underused assets (including people) – seem more important.
In the eurozone, for example,
aggregate
demand in many member countries has been constrained by, among other things, Germany’s large current-account surplus, which amounted to 8.5% of GDP in 2015.
With higher
aggregate
demand and more efficient use of existing human capital and other resources, economies could achieve a significant boost in medium-term growth, even without productivity gains.
Ultra-low – even negative – interest rates have failed to restore
aggregate
demand or stimulate investment.
And the exchange-rate transmission channel won’t do much good, because it does not augment
aggregate
demand; it just shifts demand around among countries’ tradable sectors.
One reason for this is inadequate
aggregate
demand.
The report now shows only the
aggregate
figure, which combines central bank holdings with those of the private sector.
Because food, fuels, and raw materials comprise about a quarter of global trade, when their prices fluctuate – especially as strongly as they have in recent decades –
aggregate
trade figures are obviously affected.
In particular, the shift of income from those who save less to those who save more implies uncertainty about the restoration of
aggregate
demand.
East Asia as a whole will surpass the US in terms of
aggregate
GDP by 2015, with China contributing the highest proportion of the total.
In fact, they have little in common – the trade balance is simply the difference between domestic savings and investment or more broadly, between
aggregate
spending and output – but referring to Deutschland AG, or UK plc, is conceptually attractive and seductively easy.
In the United States, Europe, Japan, and other developed economies, the recent growth acceleration has been driven by an increase in
aggregate
demand, a result of continued expansionary monetary and fiscal policies, as well as higher business and consumer confidence.
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