According to Say's Law, in the aggregate
a. demand creates its own supply
b. the production of output will generate exactly enough income to purchase what has been produced
c. the economy is incapable of producing output fast enough to ensure full employment
d. full employment cannot be sustained without government action
e. consumer saving prevents the economy from reaching full employment
B
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Easy monetary policy and tight fiscal policy lead to
A) high real interest rates. B) low real interest rates. C) roughly unchanged real interest rates. D) roughly unchanged real interest rates only when Ricardian equivalence holds; otherwise, low real interest rates.
Which group has the lowest percentage of members with college degrees?
a. black women b. black people overall c. white women d. white people overall