Homework Help: MicroEconomics

Posted by Katie on Friday, September 26, 2008 at 1:25pm.

One of the early economic laws was called Says Law that stated that supply creates its own demand. Using the circular flow chart, explain what this means and how an expanding population results in economic growth.

MicroEconomics - SraJMcGin, Friday, September 26, 2008 at 1:56pm
Thank you for using the Jiskha Homework Help Forum. Here are some sites:

1. (circular flow chart; doc to download):
www.geocities.com/fus1196/concept2.doc

2. (Wiki answer to your question): http://wiki.answers.com/Q/With_reference_to_the_circular_flow_model_of_the_economy_explain_what_happens_to_economic_growth_unemployment_and_inflation_when_injections_exceed_withdrawals_or_leakages

3. (Powerpoint on your subject): http://www.scribd.com/doc/271886/Intro-Powerpoint

Sra
- MicroEconomics - Katie, Friday, September 26, 2008 at 2:08pm
  Thanks for the info, much appreciated:)

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