Search in quotes: aggregate

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.

Quote by Martin Feldstein about activity, affair

Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar will mean that the increase in aggregate demand from this source may not happen for a year or more.

Quote by Martin Feldstein

We do not understand the links between asset prices, monetary policy, and aggregate demand. We do not understand speculative markets adequately.

Quote by Martin Feldstein