Supply creates its own demand is the Basis of:
A)Classical economics
B)Keynesian economics
C)Monetarism
D)None of these

Question

Quizplus · Accepted Answer

The principle that "supply creates its own demand" is the basis of Classical economics, attributed to Jean-Baptiste Say, known as Say's Law. It suggests that the production of goods and services creates a demand for them, assuming that all output produced in an economy will eventually be consumed.

Supply Creates Its Own Demand Is the Basis Of