What do you understand by Laissez faire ?

Related Mcqs:

Term the body of goods and monies from which future income can be derived ?

A. Net assets B. Solid asset C. Holdings D. Capital...

What is sales tax_____________?

A. Levied on the retail price of merchandise and collected by retailer B. Tax deducted at source C. Tax on local produce D. Tax on gross sale...

A central bank or monetary authority hold foreign currency for the purpose of exchange intervention and the settlement of intergovernmental claims. Term the currency ?

A. Reserve currency B. Hot currency C. Pegged currency D. Hard currency...

What is more likely to be found in a free market economy than in a planned economy ?

A. an even distribution of income B. an incentive to innovate C. a wide range of public goods D. full employment of labor...

What is called the rules of laws which governs the internal affairs of an organization ?

A. Corporate Laws B. Secondary Laws C. By laws D. Internal Laws...