Say's law in classical economics suggests that, over a period of time,
A)aggregate spending would tend to exceed total output and income.
B)aggregate spending would tend to fall short of total output and income.
C)aggregate spending would tend to equal total output and income.
D)aggregate spending would tend to deviate from total output and income.

Question

Quizplus · Accepted Answer

Say's law posits that supply creates its own demand, implying that aggregate spending will naturally equal total output and income over time.

Say's Law in Classical Economics Suggests That, Over a Period