Say's law implies that A) surpluses never occur. B) there ...

[ereecah]

Say's law implies that
 
  A) surpluses never occur.
  B) there will always be unemployment.
  C) surpluses or shortages are possible, but only for a short time.
  D) shortages never occur.

Question 2

The interest rate effect operates through
 
  A) labor supply.
  B) government spending levels.
  C) the purchasing power of individuals' checking accounts.
  D) credit markets by changing borrowing costs.

[lou]

Answer to Question 1

C

Answer to Question 2

D