Define the notional, Clower and Drze demand and supply functions. Prove whether or not Walrass law applies

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Define the notional, Clower and Drèze demand and supply functions. Prove whether or not Walras’s law applies to each of these three types of functions and in what sense it does so.

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Monetary Economics

ISBN: 9780415772099

2nd Edition

Authors: Jagdish Handa

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