Question

Which of the following is a component of economic environment?
(A) Concern with quality of life
(B) Rates of saving and investment
(C) Extent of government intervention in business
(D) Birth and death rates​

Answer 1

Answer:

Economic Environment consists of Gross Domestic Product, Income level at national level and per capita level, Profit earning rate, Productivity and Employment rate, Industrial, monetary and fiscal policy of the government etc

Answer 2

Answer:

The answer is (B) Rates of saving and investment

Explanation:

The term economic environment refers to all the external financial factors that influence buying behavior of clients and businesses and consequently affect the performance of a enterprise. those factors are frequently past a organization's manipulate, and may be either huge-scale (macro) or small-scale (micro).

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