Examlex
When arbitrators find a conflict between contract language and federal labor or civil rights laws or interpretations,the court mandates the arbitrator to give primacy to the contractual interpretation.
Say's Law
An economic principle that suggests supply creates its own demand, meaning production of goods and services generates the purchasing power needed to buy those goods and services.
Supply
The total amount of a product or service that is available for purchase at any given price in a given market.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a certain period.
Classical Economists
Economists who emphasize the role of free markets and the importance of supply-side factors for economic growth and stability.
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