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Answer to Question #94278 in Macroeconomics for Nomthandazo

Question #94278
which one of the following statement regarding say's law is correct
(1) overproduction is not possible
(2) demand determines supply
(3) aggregate spending determines production
(4) consumption is equal to savings
1
Expert's answer
2019-09-13T09:57:15-0400

1) Overproduction is not possible

Majorly because production induces demand by equal quantity



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