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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Definitions:

Psychological Disorders

Patterns of behavioral or psychological symptoms that impact multiple areas of life, leading to distress for the person experiencing them.

Descriptive Criteria

Standards or guidelines used to describe or classify specific characteristics or conditions in a detailed and accurate manner.

DSM

The Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification of officially recognized psychiatric disorders.

Diagnostic Categories

Classifications used in medicine and psychology to organize and describe diseases, disorders, and conditions for diagnosis and treatment.