effective demand in a sentence
Examples
- U . S . average hourly wages have risen in recent months, putting more money in the pockets of consumers, increasing effective demand and pushing up prices.
- He added that a lack of " effective demand " and a " low level of investment " were at the root of the decline in employment.
- Nurkse emphasised that Keynesian theory shouldn't be applied to underdeveloped countries because they don't face a lack of effective demand in the way that developed countries do.
- Effective Demand in a Developing Economy : Approaches and Issues, in Mihir Rakshit ( ed . ), " Studies in the Macroeconomics of Developing Countries " ( OUP, 1989)
- Effective demand which is the quantity of a good or service that consumers are actually buying at the current market price, is the main for propelling the growth process.
- Unemployment and idle resources are, for Keynes, caused by a lack of effective demand; for Hayek, they stem from a previous, unsustainable episode of easy money and artificially low interest rates.
- This is done via the concepts of effective demand, price-setting, quantity-taking fix-price supply behavior and the ineffectiveness of nominal wage and price adjustments as a means of remedying aggregate demand deficiencies.
- According to the sectoral balances framework, budget surpluses remove net savings; in a time of high effective demand, this may lead to a private sector reliance on credit to finance consumption patterns.
- In the 1960s Robert Clower and Axel Leijonhufvud did further work on effective demand, and in the 1970s Robert Barro and Herschel Grossman published a well-known model of spillover effects upon effective demand.
- In the 1960s Robert Clower and Axel Leijonhufvud did further work on effective demand, and in the 1970s Robert Barro and Herschel Grossman published a well-known model of spillover effects upon effective demand.