law of economics
collocation in Englishmeaningsoflawandeconomics
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations witheconomicsorlaw.
law
noun
uk/lɔː/us/lɑː/
a rule, usually made by a government, that is used to order the way in which a ...
See more atlaw
economics
noun[U]
uk/ˌiː.kəˈnɒm.ɪks/us/ˌiː.kəˈnɑː.mɪks/
the way in which trade, industry, or money is organized, or the study ...
See more ateconomics
(Definition oflawandeconomicsfrom theCambridge English Dictionary© Cambridge University Press)
Examplesoflaw of economics
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
It is a basiclawofeconomicsthat prices would rise as a result.
From the
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Thelawofeconomicsdemands that people buy the primary product for their industry which is cheapest.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
But thelawofeconomicsis being weighted by £25 million.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It is a well recognisedlawofeconomicsthat high production tends to mean low prices.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
But his argument was not based upon fact, unless he had discovered a newlawofeconomics—that expansion in employment takes place in direct proportion to the increase in unemployment.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
That is a fundamentallawofeconomics.
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There is every reason to believe that at some point, probably quite soon, the industry will conform to the usuallawofeconomicsand mature into significantly lower growth.
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A common-sense conclusion seems to be drawn and it is generally understood to be the basiclawofeconomics: to raise the price means to cut the demand.
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This was not only regarded as alawofeconomics; it was widely accepted as a kind of law of nature, immutable and inexorable in its operation.
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If that was not the case, it would go against everylawofeconomicswhich any of us have seen in these stop-go situations in any period since the war.
From the
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It is thelawofeconomicsthat the larger the order that can be placed the lower is the purchase price which can be expected to be paid.
From the
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It seems that the distinguishing feature of that long line of steps is a complete disregard for all the laws of economics.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
The laws of arithmetic must conform to the artificialities of geography, whilst the pure laws of economics have been thrown to one side.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
You cannot break the laws of economics, or deny the amount of credit.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
The two cut into each other because the laws of economics operate in that way.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It is the circuit bench where the immutable laws of economics have started to have their erosive incidence.
From the
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Coal miners suspect, with some justice, that the laws of economics may be suspended in their case, as they have been suspended before.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It is bringing into evidence the iron laws of economics.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
You cannot get rid of the laws of economics simply by saying that you do not like them.
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It wants to defy the laws of economics, and probably the law of gravity too.
From the
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Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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