Select the correct statement/statements which are correct as per the famous ‘Say’s Law’ using the code given below : 1. Economic systems are ‘supply−led’. 2. All accruing income is to be spent. 3. Aggregate supply creates its own aggregate demand in an economy. CODE : (a) 1 and 2 (b) 2 and 3 (c) 1 and 3 (d) 1, 2 and 3
Select the correct statement/statements which are correct as per the famous ‘Say’s Law’ using the code given below : 1. Economic systems are ‘supply−led’. 2. All accruing income is to be spent. 3. Aggregate supply creates its own aggregate demand in an economy. CODE : (a) 1 and 2 (b) 2 and 3 (c) 1 and 3 (d) 1, 2 and 3
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Select the correct statement/statements which are correct as per the famous ‘Say’s Law’ using the code given below :
1. Economic systems are ‘supply−led’.
2. All accruing income is to be spent.
3.
CODE :
(a) 1 and 2
(b) 2 and 3
(c) 1 and 3
(d) 1, 2 and 3
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