Gérard Debreu's theories are important to which market condition?
Recession
General Equilibrium
Hyperinflation
Bear Market
Answer
General Equilibrium Gérard Debreu's theories are important to general equilibrium, which is a state in which supply and demand are balanced for all goods and services in an economy
Exploring the Brilliant Mind of Gérard Debreu: An Engaging English Quiz on the Extraordinary Economist and Mathematician