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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 13
Circle the letter that corresponds to the best answer. Say's law states that _______.
A) we can have an inflation or a recession, but never both at the same time
B) the normal state of economic affairs is recession
C) demand creates its own supply
D) supply creates its own demand
A) we can have an inflation or a recession, but never both at the same time
B) the normal state of economic affairs is recession
C) demand creates its own supply
D) supply creates its own demand
Explanation
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Jean Baptiste Say shortly called J.B. Sa...
Macroeconomics 11th Edition by Stephen Slavin
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