🎖️ Defence📈 Economics

The working of the price mechanism in a free- market economy refers to which one of the following?

Q1

The working of the price mechanism in a free- market economy refers to which one of the following?

aThe interplay of the forces of demand and supply

bDetermination of the inflation rate in the economy

cDetermination of the propensity to consume economy's

dDetermination of the economy's full employment output

🔒

Answer & explanation — PYQ Pass

Options are free to see. Unlock the correct answer and full explanation with Pass.

Unlock · ₹149

← Previous question Next question →

Practice more Defence Economics PYQs

See every question on Economics, or browse the full Defence question bank.

See all questions on Economics →