A striped racer, also known as the California whipsnake, is a species of non-venomous snake native to the coast and foothills of California. It is a long, slender, and fast-moving snake, identified by its distinctive stripes running down the length of its body. They primarily feed on lizards and small rodents. The scientific name for this species is Masticophis lateralis.
Aggregate demand
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noun; a concept central to the idea of Keynesian economics. Under this theory, business cycles (recessions, depressions, booms, recoveries) are caused by a failure of total demand across the entire economy to match total output.
[Aggregate demand] is not merely influenced by peoples ability to buy what they produce; it is also influenced by the [marginal propensity to consume] ([MPC]). If the MPC is less than 1, then an increase in national income will be matched by a smaller increase in [aggregate demand], causing unemployment to rise and prices to fall.
Aggregate demand meaning & definition 1 of Aggregate demand.
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the total demand for goods and services within an economy:
Aggregate demand meaning & definition 2 of Aggregate demand.
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