Walras' law
/ˈvalrɑːs
/noun Economics
A law stating that the total value of goods and money supplied equals that of goods and money demanded.
Origin
1940s: named after M. E. Léon Walras (1834–1910), French economist.
| 单词 | Walras' law |
| 释义 | Walras' law/ˈvalrɑːs/noun Economics A law stating that the total value of goods and money supplied equals that of goods and money demanded. Origin |
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