Say's law states that
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Say's law states that
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WebIn classical economics, Say's law, or the law of markets, is the claim that the production of a product creates demand for another product by providing something of value which can be exchanged for that other product. So, production is the source of demand. WebApr 10, 2024 · Full ban in effect. Six-week ban in effect. Ala. Ark. Texas Ky. Ga. Wis. Mo. Tenn. La. Idaho Miss. S.D. Okla. W.Va. Most abortions are now banned in 13 states following the Supreme Court’s ...
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WebSay’s law, also known as Say’s law of markets in Classical economics, states that supply itself creates its own demand. According to Say’s law, aggregate production necessarily creates an equal amount of aggregate demand. It is an economic rule that production is the source of demand, so says Say’s law. When somebody produces a good or ...
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