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History, 29.03.2021 17:30 pettitchristy1

Another theory, Say's Law, predicts that surplus will always disappear because prices will come down until everything gets bought. Most economists and politicians in the 1920s firmly believed this. Government action wasn't necessary to make things better. The law of supply and demand and Say's Law would take care of everything. What is “Say's Law” and predict why this law may NOT be true?

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Another theory, Say's Law, predicts that surplus will always disappear because prices will come down...

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