What exactly did Say mean when he said that supply creates its own demand?
Question:
What exactly did Say mean when he said that “supply creates its own demand”?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Flexible prices and wages would ensure that all goods produced wo...View the full answer
Answered By
Joemar Canciller
I teach mathematics to students because I love to share what I have in this field.
I also want to see the students to love math and be fearless in this field.
I've been tutoring these past 2 years and I would like to continue what I've been doing.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
Question Posted:
Students also viewed these Business questions
-
What does the statement "supply creates its own demand" mean?
-
1. What did the judge mean when he said that GeoExs one-sided arbitration scheme may well guarantee that GeoEx wins even if it loses? 2. Did the fact that the terms of the release were nonnegotiable...
-
What did Roger mean when he said that, based on covered interest arbitrage, it made no difference whether Siemens Technologies raised the capital needed for the joint venture in India or in the USA?...
-
Compute the determinant below. 14 8 8 8 51 1000 8 7 3 0 0 0 8 8 8 8 8 2
-
Use A-1 to describe the cryptogram. 1. 11 21 64 112 25 50 29 53 23 46 40 75 55 92 2. 85 120 6 8 10 15 84 117 42 56 90 125 60 80 30 45 19 26 3. 9 1 9 38 19 19 28 9 19 80 25 41 64 21 31 9 5 4 5. 3 3 A-...
-
As a simplified model for weather forecasting, suppose that the weather (either wet or dry) tomorrow will be the same as the weather today with probability p. Show that the weather is dry on January...
-
An antisymmetric angle-ply \([+\theta /-\theta]\) laminate is to be made of carbon/ epoxy and designed to have a laminate CTE, \(\alpha_{x}\) as close to zero as possible. Determine the ply...
-
The Odum Corporations cash account showed a balance of $17,198 on March 31, 2007. The bank statement balance for the same date indicated a balance of $17,924.55. The following additional information...
-
Two electric motors (A and B) are being considered to drive a centrifugal pump. Each motor is capable of delivering 50 horsepower (output) to the pumping operation. It is expected that the motors...
-
For the tapered bar shown in Figure P3-60 with cross sectional areas A1 = 2 in.2 and A2 = 1 in.2 at each end, use the collocation, sub-domain, least squares, and Galerkin's methods to obtain the...
-
How did the decline in U.S. home prices in 20062008 affect aggregate demand?
-
Whats wrong with the classical theory of self-adjustment? Why didnt sales and employment increase in 19291933 in response to declining prices and wages?
-
Eddie Zambrano Corporation began operations on January 1, 2022. During its first 3 years of operations, Zambrano reported net income and declared dividends as follows. The following information...
-
a. A detective in Detroit finds that 25 of the 62 guns used in crimes during the past week were sold by the same gun shop. This finding is statistically significant. Because there are many gun shops...
-
Find a recent news report that discusses some type of correlation. Describe the correlation. Does the article give any sense of the strength of the correlation? Does it suggest that the correlation...
-
The four major blood groups are designated A, B, AB, and O. Within each group there are two Rh types: positive and negative. Using library resources or the Internet, find data on the relative...
-
A uniform ring of mass \(m_{\text {ring }}\) and radius \(R_{\text {ting }}\) is shown in Figure P13.69. A small object of mass \(m_{\mathrm{obi}}\) sits a separation distance \(s\) from the ring on...
-
If we have 20 pairs of sample data with a correlation coefficient of 1, then we know that one of the two variables is definitely the cause of the other. For Exercises 58, decide whether the statement...
-
The Fermi energy in metals is much higher than the thermal energy at typical temperatures. Why does this make the mean speed of conduction electrons nearly independent of temperature?
-
Consider model (9.18). What is the effect on the model parameter estimates, their standard errors, and the goodness-of-fit statistics when (a) The times at risk are doubled, but the numbers of deaths...
-
Matt and Sandy reside in a community property state. Matt left home in April 2016 because of disputes with his wife, Sandy. Subsequently, Matt earned $15,000. Before leaving home in April, Matt...
-
Pat was divorced from her husband in 2011. During the current year she received alimony of $18,000 and child support of $4,000 for her 11-year-old son, who lives with her. Her former husband had...
-
Stan rented an office building to Clay for $3,000 per month. On December 29, 2015, Stan received a deposit of $4,000 in addition to the first and last months rent. Occupancy began on January 2, 2016....
-
Reflecting on the book Who Gets Promoted, Who Doesn't, and Why (Asher, 2008), answer the following questions in depth. Explain the statement, "all business is sales." What six things matter? If...
-
Reflecting on the book Who Gets Promoted, Who Doesn't, and Why (Asher, 2008), answer the following questions in depth. No matter what you have done in the past, the boss really doesn't care. Why?...
-
Do you think Richard Scrushy should have been found guilty or acquitted for his role in the case against HealthSouth? https://www.wsj.com/articles/SB111702610398942860
Study smarter with the SolutionInn App