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CDS II 2019
Question #114
Inflation
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The working of the price mechanism in a free-market economy refers to which one of the following?
A
The interplay of the forces of demand and supply
B
Determination of the inflation rate in the economy
C
Determination of the economy's propensity to consume
D
Determination of the economy's full employment output
Pick an option above to test your answer
Reveal Answer ⌄
Subject:
Economy
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Q: The working of the price mechanism in a free-market economy refers to which one of the following?... | CDS II 2019 PYQ | UPSCGPT