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Posted on Jun 13, 2024

What is Say's Law? Why does money pose a problem for Say's Law? How do the Classicals preserve Say's Law given the presence of money?

What is Say's Law? Why does money pose a problem for Say's Law? How do the Classicals preserve Say's Law given the presence of money? Use the loanable funds model to explain why an increase in saving will be offset by an increase in investment spending.

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