An economy system that uses what is regarded as the "...
An economy system that uses what is regarded as the "Market mechanism" is called_______
Mixed economy
Socialism
Command economy
Capitalism
Correct answer is D
The market mechanism is solved through the Forces of demand and supply in the capitalist economy which is also known as free enterprises or free market economy.
Statutory organisations usually established by Acts of Parliament are called ...
In calculating the Gross National Product (GNP) by the income approach, all the following are i...
Which of the following factors of production consists of man made goods? ...
Tax evasion in Economics means ...
In the long-run, a monopolist maximized his profit when the marginal cost equals ...
Among all the determinants of economic growth, the most important one is ...
Which of the following does not apply to private companies? ...
The demand curve for factors of production ...
A form of tax that is mildly progressive and regressive is______ ...