Which one of the following arguments can be used in favour of the market economy?

Related MCQs

• The part of the economy in which economy activity is carried on by private enterprise is termed:
• A 'Market Economy' is one which -
• One of the features of a free market economy is -
• Inflation redistributes income and wealth in favour of :
• The market economy in which both private and public enterprises participate in economic activity is called:
• Which one of the following is not a function of the central bank in an economy?
• 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:
• A closed economy is one which -
• Inwhich market structure is the demand curve of the market represented by the demand curve of the firm?
• Money market is a market for -