College of Admission Tests Multan

Miscellaneous

Solve the question of and select the option from the choices A through D/E. Check your Answer and view the explanation.

Question: 4

Say’s Law of Market holds that
  • supply is not equal to demand
  • supply creates its own demand
  • demand creates its own supply
  • supply is greater than demand

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Correct Answer: B

None
Sol. Say's law, or the law of markets, states that aggregate production necessarily creates an equal quantity of aggregate demand.