What is Says law? How does it relate to the view held by classical economists that the
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What is Say’s law? How does it relate to the view held by classical economists that the economy generally will operate at a position on its production possibilities curve (Chapter)? Use production possibilities analysis to demonstrate Keynes’ view on this matter.
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Says law states supply creates its own demand People work in order to earn income to and plan to spe...View the full answer
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Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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