166k views
2 votes
Say's law says that

-desired expenditures always equal actual expenditures.
-consumption is greater than supply.
-people produce the goods they consume.
-people consume the goods they produce.

User Jay Rizzi
by
5.6k points

1 Answer

1 vote

Answer:

The answer is : People consume the goods they produce

Step-by-step explanation:

Say's law could also be refereed to as Say's law of markets in Classical economics states that supply itself creates its own demand which is equivalent to people consuming what they produce.

User Prhmma
by
5.2k points