Author Question: Supply creates its own demand is known as A) Smith's law. B) Say's law. C) the circular flow. ... (Read 86 times)

geoffrey · **on:** Jun 29, 2018

Supply creates its own demand is known as

A) Smith's law.
B) Say's law.
C) the circular flow.
D) the Ricardian dilemma.

Question 2

The tax base is

A) the minimum amount of tax revenue that government must collect each year.
B) the maximum amount of tax revenue that government must collect each year.
C) the sum of all incomes earned in the United States.
D) the value of all goods, services, incomes, or wealth subject to taxation.