Market economy is also known as:

Related MCQs

• From the position of stable equilibrium, the market supply of a commodity decreases, while the market demand remains unchanged, then:
• Excess demand for money, according to Say’s law in the Economy:
• The normal condition of a capitalist economy in classical theory is:
• In classical system which of the following keeps the economy at full employment:
• In classical theory which of the following is found in the economy:
• In a closed economy, the value of multiplier , when MPC is 0.90
• In the Keynesian two sector economy, AD>AS, then
• In the Keynesian two sector economy, AD<AS, then
• Keynes assumed the presence of --------- economy for the fundamental law of consumption
• In a two sector economy, aggregate demand is equal to