21. Sismondi also contributed a great deal to economics with his thoughts on aggregate demand . 22. The wage adjustments were too large, increasing aggregate demand excessively and creating inflationary pressures. 23. With other sources of aggregate demand blocked, this actually hurts profitability by lowering demand. 24. Hence, any factor that increases aggregate demand can cause inflation. 25. Consequently, with reduced private investments, spiraling deflation can cause a collapse in aggregate demand . 26. With the onset of the recession, the UK government lead calls to stimulate aggregate demand . 27. It involves relationships between economic aggregates such as national income, government expenditure and aggregate demand . 28. However, the economy and economics is about aggregate demand . 29. Finally, cyclical unemployment ) co-exists for a long time with a shortage of aggregate demand . 30. We want aggregate demand to be growing below production by the end of the year,
