Definition of Walras' law in English:

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Walras' law

Pronunciation: /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.

For editors and proofreaders

Line breaks: Wal¦ras' law

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