Which of the following statements are true according to Walras's Law? Assume there are only two goods in the market unless the answer specifies otherwise. (check all that apply more then 1 answer )

Group of answer choices

Both markets will always be in equilibrium

If one market has a shortage, the other market must have a surplus

If there were N markets, then N-1 of the markets clearing implies that the Nth market must also clear

Both markets must either both be in equilibrium or both be out of equilibrium