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Author: | Hu, Peizhao |
Title: | Views about effective supply (original in Chinese) |
Journal: | Economist (c)
1999 : 3, p.4-10 |
Index terms: | SUPPLY AND DEMAND SUPPLY |
Language: | chn |
Abstract: | In the contradiction of supply and demand,the main part is supply. The large amount of ineffective supply of low level in the market contain the effective demand. Only when supply is optimized, can domestic demands be extended. Although Keynesian's supply theory and Say's demand theory, each sticks to his own argument in fact they are all the theories about supply and demand, only the version are different. If supply is not developed and optimized, there is little hope to extend domestic demand. |
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