According to Say's Law

According to Say's Law,

A) whatever is produced would create the income necessary to purchase that production
B) the government should intervene in the economy to combat a recession but not inflation
C) downward adjustments in wages would guarantee that everyone who wanted a job will have a job
D) to clear the market of any excess supply, firms would be willing to accept price reductions

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free