Blog: | | [ Created: 2018-10-18 21:47:07 Updated: 2018-10-18 22:06:22 Owner: rl ] |
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Title: | Laws related to production, distribution, and consumption of goods and services |
| 1. Scarce resources have to be allocated
2. Price and demand are directly proportional
3. Price and supply are inversely proportional
4. Printing money causes inflation |