Multiple Choice
Say's law dictates that:
A) demand creates its own supply.
B) supply creates its own demand.
C) output prices are inflexible.
D) wages are inflexible.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q32: If exports and imports both rose, but
Q58: The real wealth and the real interest
Q88: An increase in the U.S. price level
Q104: Point A suggests: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2081/.jpg" alt="Point A
Q106: Exhibit 22-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2081/.jpg" alt="Exhibit 22-3
Q112: Discuss the difference between an increase in
Q154: Discuss some of the reasons behind downward
Q155: A trade deficit means that net exports
Q178: According to the "misperception effect" explanation of
Q207: When the price level falls, households and