The Statement "Supply Creates Its Own Demand" Is Often Referred

question 22

Multiple Choice

The statement "supply creates its own demand" is often referred to as

• A) value added.
• B) the general theory of employment.
• C) hysteresis.
• D) the natural rate of employment.
• E) Say's law.

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Definitions:

Yield

The return on an investment over a particular period, expressed as a percentage, reflecting the income earned relative to the initial investment.

Available Seats

The number of seats offered by a service provider, such as an airline or theater, that are not yet sold or reserved.

Paying Customer

An individual or entity that exchanges money for goods or services.

Price Management

The strategic process of setting, adapting, and potentially negotiating prices of products or services to achieve financial goals.