See Also: Walras' law(dictionary)
Walras, (Marie-Esprit-) Leon(encyclopedia)
Walras' law (iou)
Walras' law noun phr. M20.
[M. E. L. Walras (1834-1910), French economist.]
Economics. The law that the total value of goods and money supplied equals that of goods and money demanded.
Walrasian adjective of or pertaining to the economic theories of Walras M20.
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