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According to Say's Law

Question 2

Multiple Choice

According to Say's law:


A) because households save some of their income, not all goods and services produced will be purchased.
B) the demand for products creates the supply of products.
C) recessions occur because income from the production of goods is insufficient to ensure full employment.
D) the act of producing goods and services generates income that is equivalent to the value of goods and services produced enabling buyers to purchase those goods.

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