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Question
According to the classical economists, an economy producing $15 trillion in goods and services
A) may be producing too much since the needs of people may not be this great.
B) simultaneously generates the income necessary to purchase $15 trillion in goods and services.
C) is supplying $15 trillion in goods and services, but could be demanding more or less than $15 trillion in goods and services for a very long period of time.
D) could experience a permanent glut if no one has estimated the demand for goods and services in the economy.
Answer
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