New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    An economy where allocation of resources is determined

    by the operation of price mechanism is termed as: 
    A Planned economy Correct Answer Incorrect Answer
    B Mixed economy Correct Answer Incorrect Answer
    C Market economy Correct Answer Incorrect Answer
    D Traditional economy Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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