• In economics, aggregate demand (AD) or domestic final demand (DFD) is the total demand for final goods and services in an economy at a given time. It is...
    21 KB (2,867 words) - 02:14, 30 January 2025
  • Thumbnail for AD–AS model
    The AD–AS or aggregate demandaggregate supply model (also known as the aggregate supply–aggregate demand or AS–AD model) is a widely used macroeconomic...
    22 KB (2,850 words) - 07:38, 24 May 2025
  • Thumbnail for Supply and demand
    macroeconomics, as well, the aggregate demand-aggregate supply model has been used to depict how the quantity of total output and the aggregate price level may be...
    36 KB (4,848 words) - 10:45, 26 May 2025
  • effective demand is that the aggregate demand function and the aggregate supply function intersect each other at the point of effective demand and that...
    6 KB (774 words) - 19:04, 13 September 2024
  • Thumbnail for Construction aggregate
    use as aggregate. Where neither stone, nor sand and gravel, are available, construction demand is usually satisfied by shipping in aggregate by rail...
    22 KB (2,448 words) - 01:27, 20 May 2025
  • Thumbnail for Demand-pull inflation
    Demand-pull inflation occurs when aggregate demand in an economy is more than aggregate supply. It involves inflation rising as real gross domestic product...
    4 KB (477 words) - 02:28, 28 January 2025
  • effect" would make the economy more "self correcting" to drops in aggregate demand than Keynes predicted. Because the effect derives from changes to the...
    8 KB (954 words) - 14:00, 28 June 2024
  • Thumbnail for Aggregate supply
    Together with aggregate demand it serves as one of two components for the AD–AS model. There are two main reasons why the amount of aggregate output supplied...
    14 KB (1,609 words) - 20:12, 1 June 2024
  • Thumbnail for IS–LM model
    the Aggregate Demand-Aggregate Supply model – the AD–AS model. In the aggregate demand-aggregate supply model, each point on the aggregate demand curve...
    29 KB (3,743 words) - 03:52, 25 May 2025
  • conditions by adjusting spending and taxation policies to alter aggregate demand. When aggregate demand falls below the potential output of the economy, there...
    175 KB (17,938 words) - 02:16, 1 June 2025
  • Thumbnail for Macroeconomics
    refer to as aggregate variables. In microeconomics the focus of analysis is often a single market, such as whether changes in supply or demand are to blame...
    66 KB (7,913 words) - 18:47, 23 May 2025
  • contrasts with notional demand, which is the demand that occurs when purchasers are not constrained in any other market. In the aggregated market for goods in...
    8 KB (1,030 words) - 02:13, 4 December 2024
  • how aggregate demand (total spending in the economy) strongly influences economic output and inflation. In the Keynesian view, aggregate demand does...
    108 KB (13,331 words) - 00:07, 26 May 2025
  • Thumbnail for Keynesian cross
    operating at less than full employment, anything demanded will be supplied. Aggregate expenditure and aggregate income are measured by dividing the money value...
    12 KB (1,646 words) - 17:41, 25 October 2024
  • of aggregate demand fluctuations, they are not very useful in confronting aggregate supply fluctuations. In particular, an adverse shock to aggregate supply...
    43 KB (5,088 words) - 21:45, 14 May 2025
  • Thumbnail for Unemployment
    (including the market structure, government intervention, and the level of aggregate demand) in which individuals operate. In these terms, much or most of frictional...
    140 KB (15,839 words) - 10:04, 28 May 2025
  • Thumbnail for Demand-led growth
    Demand-led growth is the foundation of an economic theory claiming that an increase in aggregate demand will ultimately cause an increase in total output...
    18 KB (2,314 words) - 09:38, 12 May 2024
  • Thumbnail for Fiscal policy
    changes in the levels of taxation and government spending influence aggregate demand and the level of economic activity. Fiscal and monetary policy are...
    20 KB (2,573 words) - 14:26, 16 May 2025
  • Thumbnail for Money supply
    the banking system. The TT&L accounts, while demand deposits, do not count toward M1 or any other aggregate either. When the Federal Reserve announced in...
    48 KB (5,432 words) - 10:21, 25 May 2025
  • expenditure, and aggregate demand. For example, the consumption function is a relationship between aggregate demand for consumption and aggregate disposable...
    10 KB (1,072 words) - 12:58, 26 March 2023
  • traditional supply and demand analysis is the best approach to understanding the labor market. The functions that follow are aggregate functions that can...
    5 KB (756 words) - 11:22, 10 May 2024
  • aggregate demand (AD) and a negative demand shock decreases aggregate demand. Prices of goods and services are affected in both cases. When demand for goods...
    3 KB (376 words) - 00:39, 13 April 2025
  • Marshall's supply and demand curves, the other on Keynes's analysis of an economy suffering from insufficient aggregate demand—has been a profound, nagging...
    37 KB (4,756 words) - 20:48, 31 May 2025
  • and prosperity with increases in productivity, consumer confidence, aggregate demand, and prices. In the 20th century, Schumpeter and others proposed a...
    74 KB (8,723 words) - 08:06, 30 May 2025
  • continuity) simply do not apply to the aggregate function. Aggregate demand Aggregate supply Aggregate production function Cambridge capital controversy Ecological...
    10 KB (1,184 words) - 21:08, 19 February 2025
  • (input price shock) can lead to higher production costs and reduced aggregate demand, triggering a recession. Fiscal policies or monetary policies by the...
    129 KB (13,565 words) - 20:55, 1 June 2025
  • Thumbnail for Inflation
    Inflation (category Macroeconomic aggregates)
    linked to aggregate demand, whereas conversely money supply measures like M2, which are in some cases more closely correlated with aggregate demand, are difficult...
    124 KB (14,276 words) - 22:10, 29 May 2025
  • Thumbnail for Greg Mankiw
    shock to nominal aggregate demand with that decision's social welfare implications. The paper concluded that expansion in aggregate demand may either increase...
    44 KB (4,561 words) - 19:39, 10 May 2025
  • communication network Aggregate demand, the total demand for final goods and services during a specific time period in an economy Aggregate income, the total...
    4 KB (485 words) - 22:37, 25 May 2025
  • Thumbnail for Cost-push inflation
    continually rising prices", and identifying the real cause as "increased aggregate demand resulting from increased money growth". Milton Friedman criticised...
    5 KB (505 words) - 15:09, 19 April 2025