If Say's Law Holds True, Then If the Economy Produced

question 56

Multiple Choice

If Say's Law holds true, then if the economy produced $10 trillion this year:

• A) production next year has to be larger than $10 trillion.
• B) the demand for goods and services must be less than $10 trillion.
• C) the demand for goods and services also equals $10 trillion.
• D) production next year has to be smaller than $10 trillion.