Which of the Following Statements Is NOT True About Say's

question 170

Multiple Choice

Which of the following statements is NOT true about Say's law?

• A) Desired expenditures will equal actual expenditures.
• B) Surpluses will be eliminated by falling prices and shortages will be eliminated by increasing prices.
• C) People produce more goods than they want for their own use only if they seek to trade them for other goods.
• D) Markets would be regularly hit by severe shortages and surpluses.

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