Which of the following are components of the economic environment? (A) Saving and investment rate (B) Technological conditions (C) Money supply (D) Public debt Choose the correct answer from the options given below: |
(A), (B), (C)and (D) only (A), (C) and (D) only (A), (B) and (D) only (B), (C) and (D) only |
(A), (C) and (D) only |
The correct answer is option 2- (A), (C) and (D) only. Except Technological condition, all other are component of economic environment. The economic environment refers to the conditions and factors that affect the functioning of businesses and organizations within an economy. It encompasses various aspects related to the economic system. Some Components of Economic Environment are as follows- |