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Question

Who said 'Supply creates its own demand'?

A
Adam Smith
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B
J B Say
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C
Marshall
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D
Ricardo
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Solution

The correct option is B J B Say
'Supply creates its own demand' was said by J B Say. According to him whatever is produced is sold in the economy. The economy works on full employment level and its a normal thing. There is no over or under production. Even if the economy is at less than full employment its temporary.

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