Say's Law refers to the concept that:
a. increases in aggregate demand create unionization.
b. demand creates its own supply
c. supply creates its own demand.
d. flexible wages affect price levels.
c
Economics
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The quantity theory of money and prices assumes
A) the price level is increasing at a constant rate. B) the price level is constant. C) real output is constant. D) velocity is constant.
Economics
An increase in the supply of corn in Brazil will
A. shift the supply curve of US corn to the right. B. shift the supply curve of US corn to the left. C. shift the demand curve for US corn to the right. D. shift the demand curve for US corn to the left.
Economics