Abstract
In general equilibrium theory the economy may be represented by the function which specifies the aggregate excess demands (positive) or excess supplies (negative) which are expressed at all possible price systems.
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Bibliography
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Allingham, M. (2018). Excess Demand and Supply. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_442
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DOI: https://doi.org/10.1057/978-1-349-95189-5_442
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