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Classical economists believed in Say's Law, asserting that leakages from, and injections into the economy always stayed exacted balanced, or very quickly became balanced, so
Classical economists believed in Say's Law, asserting that leakages from, and injections into the economy always stayed exacted balanced, or very quickly became balanced, so recessions and depressions were basically impossible. Draw, label and then explain the Classical supply-demand for loanable funds graph that illustrates why they believed that.
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