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The central role of markets is to determine the

August 6, 2024August 6, 2024 CSS MPT Economics MCQs FPSC NTS PPSC Past Papers Economy Test Questions

(A) quality of goods
(B) quantity of goods
(C) level of income
(D) price of goods

The answer is: (D) price of goods

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Subsidies are used to encourage ________ of a commodity.
The value of the good or service forgone by choosing another investment is called

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