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Say's Law |
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Say's Law The concept that, because that which is consumed must be produced, supply creates its own demand. That is, supply of products will eventually be consumed by demand. This is an important concept for supply-side economics; Keynesianism, however, holds the opposite view. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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