According to the "Yes - Markets Self-Adjust" view,
A) macroeconomic outcomes are different from microeconomic outcomes.
B) Say's Law is sometimes true but usually not.
C) there are broken connections between input markets and output markets.
D) supply creates its own demand.
E) all of the above are true.

Question

Quizplus · Accepted Answer

According to the "Yes - Markets Self-Adjust" view, supply creates its own demand, which means that as long as goods and services are produced, there will be enough income and purchasing power to buy them. This is the central idea of Say's Law, which states that supply creates its own demand. Therefore, choice D is the best choice as it reflects the key principle of this view. Choices A, B, and C are not accurate representations of this view.

According to the "Yes - Markets Self-Adjust" View