Ultimate solutions to the problems of unsustainable debt must take into account the incentives for lenders to make loans

Utils are used by economists to measure the satisfaction a person obtains from consuming a good

Indicate whether the statement is true or false

According to the classical economists, an economy producing $10 million in goods and services

A. simultaneously generates the income necessary to purchase $10 million in goods and services. B. could experience a permanent surplus if no one has estimated the demand for goods and services in the economy. C. may be producing too much since the needs of people may not be this great. D. is supplying $10 million in goods and services, but could be demanding more or less than $10 million in goods and services for a very long period of time.