The Classical Theory That States That 'Supply Creates Its Own

question 81

Multiple Choice

The classical theory that states that 'supply creates its own demand' was developed by:

• A) Adam Smith.
• B) John Keynes.
• C) Jean-Baptiste Say.
• D) Richard Say.

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Definitions:

Receive Payments

The process of recording the receipt of money from customers in payment for goods or services provided.

Customer Transactions

Financial interactions or operations between a business and its customers, including sales, returns, and payments.

Create Invoices

The process of generating billing documents for goods sold or services provided, detailing amounts owed by customers.

Main Categories

This term likely refers to the primary classifications or groupings within a system, such as accounting, where transactions can be sorted.