economic agents include: a) government b) producers c) consumers d) all of these
Answers
all of these..............
Economic agents include:
a) government b) producers c) consumers d) all of these
The correct answer is :
(d) Both (b)&(c)
Explanation :
Economic agents are those that include the government, producers and consumers. Economic agents are those agents who are the consumers of the capital market and the economy at large. They are producers, they are central institutions involved in the government and there are many other factors affecting the market.
Some of the major economic agents are as follows, household or individual i.e. consumer, firm i.e. producer, government and central bank all these come under the purview of the economic agent. They affect the capital market and economy at large, hence they are called economic agents.
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The subject matter of economics is?
A. To ensure the economic progress of the people
B. to run business
C. to satisfy unlimited wants with limited means
D. to mobilise resources and use them
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______ covers accounts of the whole business relating to all commercial transactions.
a. financial accounting b. cost accounting
c. environmental accounting d. EVS