Multiple Choice
What does the term free-market denote in terms of economy?
A) minimal government intervention in trade and minimum regulations
B) maximum government intervention in trade and maximum regulations
C) means of production owned by the state
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Macroeconomics does not study -------.<br>A)whole economy<br>B)national income<br>C)aggregate
Q13: -------is the subject matter of Macroeconomics.<br>A)growth theory<br>B)factory
Q14: The basic factors of production are land,
Q15: What do you mean by a mixed
Q16: What does the term Gross investment mean
Q17: Which of the following is/are the goals
Q19: In macroeconomics, we study about ------------------<br>A)theory of
Q20: Who is credited with bringing the term
Q21: Micro and Macro approaches are -------.<br>A)competitive<br>B)alternative<br>C)substitutes<br>D)complementary
Q22: The average income of a country is