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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 1
The French classical economist Jean-Baptiste Say transformed the equality of production and spending into a law that can be expressed as follows:
A) The invisible hand creates its own supply.
B) Wages always fall to the subsistence level.
C) Supply creates its own demand.
D) Aggregate output does not always equal consumption.
A) The invisible hand creates its own supply.
B) Wages always fall to the subsistence level.
C) Supply creates its own demand.
D) Aggregate output does not always equal consumption.
Explanation
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Economics for Today 9th Edition by Irvin Tucker
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