In the Classical Model,when an Open Economy Has Balanced Trade,Say's

question 131

True/False

In the classical model,when an open economy has balanced trade,Say's law does not hold.

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Definitions:

Esterase

An enzyme that catalyzes the cleavage and formation of ester bonds in various chemical processes.

White Blood Cells

Cells within the body's immune system that are involved in protecting the body against both infectious disease and foreign invaders.

Meningitis

Meningitis is an inflammation of the membranes (meninges) surrounding the brain and spinal cord, often caused by infection and requiring urgent medical attention.

Pneumonia

An inflammatory condition of the lung affecting primarily the microscopic air sacs known as alveoli, usually caused by infectious agents such as bacteria, viruses, fungi, or parasites.