global demand
Word Rarity
Uncommon
Frequency: Zipf frequency 4.59 in modern English
19
Scrabble Score
12
Letters
3
Syllables
9
Unique Chars
Meaning
n
In macroeconomics, the total demand for final goods and services in the economy at a given time and price level.
Example Sentences
- "The decline in Japan has been sharper than in Europe or North America, mostly because global demand for the country's products, such as automobiles and electronics, has fallen."
- "Schools of economics agree that during a time of economic downturn, government should cut taxes to increase aggregate demand."