aggregate demand
Word Rarity
Rare
Frequency: 3.89 in modern English
22
Scrabble Score
15
Letters
4
Syllables
8
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."