Which of the Following Is NOT True According to Say's

question 218

Multiple Choice

Which of the following is NOT true according to Say's law?

• A) Supply creates its own demand.
• B) No overproduction is possible in a market economy in the long run.
• C) Desired expenditures will always be higher than actual expenditures.
• D) Producing goods and services generates the means and the willingness to purchase other goods and services.

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Definitions:

Maslow's Needs

a hierarchy of human needs proposed by Abraham Maslow that motivates behavior, ranging from basic physiological needs to self-actualization.

Purchase

The act of buying goods or services, an exchange that involves transferring ownership from one party to another in return for money.

Message-Response Involvement

The degree to which an individual engages with and responds to a communication message.

Goal Fulfillment

The achievement of predefined objectives, personal aspirations, or targets, often resulting in satisfaction or a sense of accomplishment.