aggregate

Examples of aggregate in the following topics:

• Fiscal Policy

  • Changes in the level and composition of taxation and government spending can impact the following variables in the economy: aggregate demand and the level of economic activity; the pattern of resource allocation; and the distribution of income.
  • Governments use fiscal policy to influence the level of aggregate demand in the economy, in an effort to achieve economic objectives of price stability, full employment, and economic growth.
  • One school of fiscal policy developed by John Maynard Keynes suggests that increasing government spending and decreasing tax rates are the best ways to stimulate aggregate demand, and only to decrease spending & increase taxes after the economic boom begins.
  • Keynesian theory posits that removing spending from the economy will reduce levels of aggregate demand and contract the economy, thus stabilizing prices.
  • This causes a lower aggregate demand for goods and services, contrary to the objective of a fiscal stimulus.

• Defining Public Opinion

  • Public opinion or political opinion is the aggregate of individual attitudes or beliefs held by the adult population.
  • Public opinion or Political opinion is the aggregate of individual attitudes or beliefs held by the adult population.

• Fiscal Policy and Policy Making

  • Changes in the level and composition of taxation and government spending can impact the following variables in the economy: (1) aggregate demand and the level of economic activity; (2) the pattern of resource allocation; and (3) the distribution of income.

• Winning an Election: Majority, Plurality, and Proportional Representation

  • A voting system contains rules for valid voting, and how votes are counted and aggregated to yield a final result.

• Agenda-Setting Theory

  • The agenda-setting effect is not the result of receiving one or a few messages, but is due to the aggregate impact of a very large number of messages all dealing with the same general issue.

• Cohesiveness

  • A social group exhibits some degree of social cohesion and is more than a simple collection or aggregate of individuals, such as people waiting at a bus stop or people waiting in a line.

• The Electoral College

  • Even though the aggregate national popular vote is calculated by state officials and media organizations, the national popular vote is not the basis for electing a President or Vice President.

• Health Care Reform Under Obama

  • Health care expenditures are highly concentrated with the most expensive 5% of the population accounting for half of aggregate health care spending.