Author Question: If all income is consumed in a year, then A) income next year will increase. B) investment ... (Read 84 times)

karateprodigy · **on:** Jun 30, 2018

If all income is consumed in a year, then

A) income next year will increase.
B) investment spending will be zero.
C) any investment spending will be done by the government.
D) investment spending will increase.

Question 2

Which of the following statements is NOT true about Say's law?

A) Markets would be regularly hit by severe shortages and surpluses.
B) People produce more goods than they want for their own use only if they seek to trade them for other goods.
C) Desired expenditures will equal actual expenditures.
D) Surpluses will be eliminated by falling prices and shortages will be eliminated by increasing prices.