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Demand, according to the theory, is the economy, because adjusting it, it is possible to indirectly affect all other economic derivatives. When economic activity is depressed, the government should spend more, and when the economy is booming the government should spend less to achieve equilibrium. If aggregate demand in low then the government should pursue reflationary policies such as cutting taxes or boosting government spending to push aggregate demand higher and boost employment and output...

If aggregate demand in low then the government should pursue reflationary policies such as cutting taxes or boosting government spending to push aggregate demand higher and boost employment and output. However, if aggregate demand is too high and causing then the government should pursue deflationary policies...

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