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Subject - Economics:

Miscellaneous

MCQ - 233-4243

Question:

Who said ‘Supply creates its own demand’?

  1. Adam Smith
  2. J. B. Say
  3. Marshall
  4. J. B. Say

Correct Answer: B

Explanation:

Sol. “Supply creates its own demand” is the formulation of Say’s law . The rejection of this doctrine is a central component of the General Theory off Employment, Interest and Money (1936) and a central tenet of Keynesian economics.

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269 MCQ for effective preparation of the test of Miscellaneous of Economics section.

Read the MCQ statement: Who said ‘Supply creates its own demand’? , keenly and apply the method you have learn through the video lessons for Miscellaneous to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 233-4243.

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