Correct Answer: Administered prices are prices set by government or firms which are not determined by regular market forces They do not vary in response to short-run fluctuations in demand and supply conditions Examples include price controls and rent controls
6. For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .
Correct Answer: All are names of harvest festivals
10. Which of the following gulf countries has announced to form new economic and partnership group named 'Joint Cooperation Committee' inDecember 2017?