Suppose the United States produced $12 trillion of goods and services in 2005. According to Say's law

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Say's law, also known as the law of markets, states that supply creates its own demand. In other words, the production of goods and services will generate enough income for consumers to purchase those goods, resulting in an equilibrium between production and consumption. Therefore, the supply of $12 trillion in goods and services will be matched by $12 trillion in spending under Say's law.

Suppose the United States Produced $12 Trillion of Goods and Services