Question

Which economic system is known as the Keynesian Economic system?

• A. Market economic system
• B. Mixed economic system
• C. Socialist economic system
• D. None of the above

Answer 1

Answer:

B. Mixed economic system

The mixed economic system combines the command economy and free-market economy, so it has the features of both of these two economic systems. It is also known as the Keynesian economic system or dual economic system.