The great failures of the subject tend to come in macroeconomics, the study of the entire economy in aggregate.
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The nation's labour laws are arcane and in need of change (which could help workers even more than the aggregate economy).
Most would argue that the U.S. economy presently lacks aggregate demand, so the answer is for our federal government to spend with abandon in order to perk up that which is lifeless.
By definition, people need it, and so it re-circulates in the economy and it has an effect of boosting aggregate demand and helping the economy grow.
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For instance, GDP growth is a result of (in addition to population growth) the income reinvestment rate in the economy multiplied by the rate of return on that reinvestment (or the aggregate ROIC in the economy).
Too many believe that the economy is driven merely by aggregate monetary spending as if all such spending is economically equal.
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Because the aggregate customer in this economy has become the most credulous, whiny and pathetic dolt since snake oil.
If we take it off the rich, the rich who are only saving it, and give it to the poor, who would then spend it, we thus get a rise in aggregate demand and the economy comes out of its hole.
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The Keynesian prescription has always been to engineer an increase in aggregate demand for an ailing economy.
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It is actually the predominant belief that wages and salaries rise before aggregate price levels in the economy and thus during periods of rising inflation, real wages are always increasing.
In this account the value added is defined, which is the basis for calculating the GDP (GDP), a main aggregate of the development of the economy.
However, the compounding costs from an incomplete education shows up in lost wages for employees, remedial training among colleges and universities, and even our aggregate growth rates for the national economy.
Congress tried to tie both laws to the aggregate effects of criminal acts on the economy, but in Morrison the majority held that was constitutional overreach.
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Accordingly, the level of aggregate demand (the transaction rate in the economy) does not directly affect the price of gold.
The aggregate of debt bearing down on the UK economy remains at more-or-less record levels equivalent to around 400% of GDP.
This quarterly release in particular demonstrates the danger of looking to aggregate macroeconomic statistics as a guide for how an economy performs.
"The Japanese economy has yet to get out of its severe situation, as the recovery of aggregate demand remains weak, " the EPA concluded.
In macroeconomics, aggregate demand is the total demand for final goods and services in the economy at a given time and price level.
Or to put it another way, this general and widespread sense that the UK's aggregate debts have become too great has been the great dampener on the economy: it is what has kept Britain in a technical depression, with the economy limping along and the overall level of GDP still well below the peak of early 2008.
In aggregate, it seems to point to a continued modest expansion, and an economy that is neither falling off a cliff nor firing on all cylinders.
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They propose an infrastructure program to promote the economy, but finance it with a tax increase that removes at least an equal amount of aggregate demand.
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There are going to be some agricultural products where there are certain interests in the United States or there are certain interests in Europe that want to prevent those from coming in, even though, in the aggregate, it would not have a huge impact on the U.S. economy.
When the economy slows and jobs are shed, the state spends more on unemployment benefits, helping to support aggregate demand.
Japan's economy will again slow down unless the investment pickup is sustained and is buttressed by another source of aggregate demand.
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