Equilibrium in the economy is settled by ---------, according to the Classicals. | Faculties

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Mr. Dubey

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📊 Basics of Economics

Q. Equilibrium in the economy is settled by ---------, according to the Classicals.

(A) centralized planning
(B) price mechanism
(C) both the planning and price mechanism
(D) none of these

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✅ Correct Answer: (B) price mechanism

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