Author Question: The idea that supply creates its own demand is known as A) the law of supply. B) the law of ... (Read 122 times)

washai · **on:** Jun 29, 2018

The idea that supply creates its own demand is known as

A) the law of supply.
B) the law of demand.
C) Keynes' law.
D) Say's law.

Question 2

Advocates of a progressive income tax use arguments EXCEPT for which of the following?

A) A progressive tax system taxes according to ability to pay.
B) A progressive tax system taxes according to benefits received.
C) A progressive tax system helps redistribute income away from the rich and towards the poor.
D) A progressive tax system maximizes government revenues.