Say's law proposes that supply creates its own demand, meaning that the production of goods and services generates income for individuals, which in turn enables them to purchase goods and services. Therefore, the production and supply of goods and services lead to an automatic creation of demand for those goods and services.

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Say's Law Says

Question 94

Multiple Choice

Say's law says

A) demand creates its own supply.
B) the more supply there is, the lower prices are.
C) supply creates supply.
D) supply creates its own demand.
E) none of the above

Correct Answer: