Multiple choice

Who made the statement; “Supply creates its own demands”?

  1. Adam Smith

  2. Marshall

  3. J.B. Say

  4. Kennedy
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Jean-Baptiste Say formulated this economic principle in the early 19th century, known as Say's Law. It states that production (supply) creates the necessary income to purchase that production (demand).

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