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The person MOST closely associated with the law of effect is
Equilibrium Interest Rate
The interest rate at which the demand for money in an economy equals the supply of money, leading to an equilibrium in the money market.
Equilibrium Level Of Saving
The amount of saving that occurs when households' intentions to save match actual savings, often equated to investment in macroeconomics.
Government Debt
The total amount of money owed by the central and local governments of a country, resulting from borrowing to cover budget deficits.
GDP
Gross Domestic Product, the total market value of all finalized goods and services produced within a country's borders in a given time period.
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