UPSC CDS GS Economy Questions Part 1

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Question : 2 of 64

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The working of the price mechanism in a free-market economy refers to which one of the following ?

[2019 CDS-II]

The interplay of the forces of demand and supply
Determination of the inflation rate in the economy
Determination of the economy’s propensity to consume
Determination of the economy’s full employment output

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