Say's Law states that:

Name: Say's Law states that:
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Question

Quizplus · Accepted Answer

Say's Law, also known as the Law of Markets, states that supply creates its own demand. This means that the production of goods and services generates the income necessary to purchase those goods and services. As long as supply and demand are in balance, the economy will function efficiently. The other options are incorrect because they do not accurately reflect Say's Law.

Say's Law States That