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Supply and demand
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Say's Law
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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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