The law which states that supply creates its own demand and overproduction is impossible is known as:

Related MCQs

• “Supply creates its own demand “is a law of:
• Who postulated the law Supply creates its own demand
• Supply creates its own demand is the Basis of:
• I classical demand for money, the relationship between money supply and price level is:
• Psychological law of consumption states that the value of MPC is lies between zero and
• In which of the following situations will an increase in the money supply have no effect upon output?
• The classical economists believed that the demand for labour is a function of:
• The concept of effective demand is associated with the nameof
• In a two sector economy, aggregate demand is equalto
• When there is an increase in the autonomous money supply, ceteris paribus, LM shifts: