According To J B Say Market Law
According To J B Say Market Law. MILL : consumption cp-exists with production. Say, there cannot be general overproduction or general unemployment on account of the excess of supply J.
It is the rate of. demand and supply in the economy can never be in equilibrium. Johnson who made a soap from palm and olive oils. B. all wages and prices are flexible. according to the circular flow of income and output a dictum of economist J.
Production is the cause, the sole cause of demand.
Johnson who made a soap from palm and olive oils.
Say engaged in some lovely and powerful examples of reductio ad absurdum argument. Say's Law of market Keynesian Theory of Employment and Effective Demand and its determinants. Say what the numbers refer to in the video.
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