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

Multiple Choice

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

A) the economy will produce more than $12 trillion in 2006.
B) the supply of $12 trillion goods will lead to a general glut of goods if consumer demand falls.
C) the supply of $12 trillion in goods and services will be matched by $12 trillion in spending.
D) the economy will be able to save about $1 trillion for future consumption.