In a Capitalistic Economy, the prices are determined by :

Related MCQs

• A very high rise in National Income at current market prices and a low rise at constant prices reveals -
• A commodity for which demand increases at higher prices and falls at lower prices is termed as:
• The system of agricultural support by which market prices are fixed at above free market levels and government buys surpluses, thus supporting prices and raising farmer’s income is called:
• The part of the economy in which economy activity is carried on by private enterprise is termed:
• The share broker who sells shares in the apprehension of falling prices of shares is called
• Devaluation usually causes the internal prices to :
• seller or buyer protects his business or holdings from changing prices and takes action against it. It is known as -
• The prices that are set by government rather than by negotiation between a seller and a buyer are known as
• An association of producers to regulate prices by restricting output and competition is called
• An index (index number) of the prices of goods and services purchased by consumers to measure the inflation rate or the cost of living is called