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In a free market economy, when consumers increase their purchase of a item, the price increases due to
a)Demand,Supply b)Regulation c)Cartelisation d)Production of items
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How are depreciation keys defined?
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Under a free economy ,prices are:
a)Regulated
b)Determined through free interplay of demand and supply
c)Partly Regulated
d)None of these
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In which type of economy do consumers and producers make their choices based on the market forces of demand and supply?
a)Open Economy
b)Controlled Economy
c)Command Economy
d)Market Economy
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A study of how increase in the corporate income tax rate will affect the natural unemployment rate is an example of:
a)Macro Economics
b)Descriptive Economics
b)Micro Economics
d)Normative Economics
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The branch of economic theory that deals with the problem of optimum utilization of resources is called? a)Micro Economics a)Analytics a)Finance a)International Business
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What is the clearing basis for check deposit?
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