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Subject Area: Economics
Topic: General Treatises on Economics

A GIVEN DEMAND. - Thomas Robert Malthus, Definitions in Political Economy [1827]

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Definitions in Political Economy (London: John Murray, 1827).

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A GIVEN DEMAND.

56. A given demand, in regard to price, is a given quantity of money intended to be laid out in the purchase of certain commodities in a market; and a given demand, in regard to value, is the command of a given quantity of labour intended to be employed in the same way.