I do not think that the maxim given is conceivable because:If all 7 billion people receive an income of ZAR620 000 000.00 for the years’ work done we would see huge changes in the economy. An increase in demand on goods and service and decrease in supply of products. The demand for goods and services would increase pricing on all goods and services and there would be a huge drop in supply for the goods and services.
Basically there would be no supply at all for goods and services. This would be due to the lack of natural resources available worldwide as well the other factors of production. It would be highly impossible to satisfy everyone’s wants. The fact that everyone would receive such a substantial income no one would want to work any longer and this would affect the production of goods and services. The whole economy would just crash.
