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Why did J.B. Say formulate his Law of Markets? (one sentence) What was it a response to? (one sentence) Last, what kind of Glut can

Why did J.B. Say formulate his "Law of Markets"? (one sentence) What was it a response to? (one sentence) Last, what kind of "Glut" can actually exist and why

can it be a problem for the macro economy?

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