Multiple Choice
Say's Law
A) cannot be satisfied if there is excess supply or demand in individual markets in the long run
B) ensures that every firm will sell all of its output
C) can be satisfied even if there is a general overproduction or underproduction of goods in the economy
D) is satisfied only if every market clears in the short run
E) shows that the total value of spending in the economy will equal the total value of the output produced
Correct Answer:
Verified
Correct Answer:
Verified
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