Which of the following statements is NOT true about Say’s law? A) Mar
Which of the following statements is NOT true about Say’s law?
A) Markets would be regularly hit by severe shortages and surpluses.
B) People produce more goods than they want for their own use only if they seek to trade them for other goods.
C) Desired expenditures will equal actual expenditures.
D) Surpluses will be eliminated by falling prices and shortages will be eliminated by increasing prices.
ANSWER
A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.