Say's Law is based on the relationships among

Name: Say's Law is based on the relationships among
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Say's Law is also known as the Law of Markets and states that production creates its own demand. In other words, when producers produce goods and services, they generate income and pay wages to their workers, who in turn use that income to purchase other goods and services. This creates a cycle of production, income, and spending, which is the basis of Say's Law. Therefore, the best choice is E.

Say's Law Is Based on the Relationships Among