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According to the Classical Economists, an Economy Producing $10 Million

Question 144

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According to the classical economists, an economy producing $10 million in goods and services


A) may be producing too much since the needs of people may not be this great.
B) simultaneously generates the income necessary to purchase $10 million in goods and services.
C) is supplying $10 million in goods and services, but could be demanding more or less than $10 million in goods and services for a very long period of time.
D) could experience a permanent surplus if no one has estimated the demand for goods and services in the economy.

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