CUET Economics 2023 28 May Shift 2Macro > EasyAdam SmithJ.M. KeynesA.C. PigouDavid Ricardo✅ Correct Option: 2Related questions:28 May Shift 2A capitalist economy can be defined as an economy in which most of the economic activities have the following characteristics. (A) Sale and purchase of labour services at their own price. (B) Sale and purchase of labour services at the wage rate. (C) Production takes place for selling. (D) Authorities may intervene to achieve an equitable distribution of the final mix of goods and services. Choose the correct answer from the options given below:3 June Shift 1Match List-I with List-II List-IList-II(A) Macroeconomics(I) Unlimited.(B) Human wants(II) Economics of 'what ought to be'.(C) Normative Economics(III) A system by which people of an area earn their living.(D) Economy(IV) Studies the problem of choice at the level of the country as a whole. Choose the correct answer from the options given below:28 May Shift 2The basic objective of macroeconomics is to develop theoretical tools. They are called........