Which of the following is a statement of Say's law?
A) Good money always drives out bad.
B) Must be reformed in order to preserve it.
C) Any output supplied to the market generates an equal amount of demand.
D) An economy left alone will always return to equilibrium.
Correct Answer:
Verified
Q4: In the neoclassical view of the macroeconomy,
Q5: In the neoclassical view of the macroeconomy,
Q6: According to conservative economists, involuntary unemployment
A) does
Q7: Say's law was developed
A) by John Maynard
Q8: According to Say's law, a lack of
Q10: In the classical version of the circular
Q11: In the classical version of the circular
Q12: Which of the following is true of
Q13: In the neoclassical view of the macroeconomy,
Q14: In the neoclassical view of the macroeconomy,
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