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Supply and demand

 

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Supply and demand



 
 



   Say's Law


  damian
 4/3/09
 

Say's Law is attributed to French economist Jean-Baptiste Say. He stated that production, or supply, automatically creates demand for the product.

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  blockfrei
 4/3/09
 

Under Say's Law the production of goods creates the means of purchase of those same goods.

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  desmonde
 4/3/09
 

Under Say's Law the creation of more money only causes inflation, not an increase in demand.

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