Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:
Which of the following are covered under economic units?
i. Consumers
ii. Corporations
iii. Government
iv. Banks
Options:
i,ii
ii, iii, iv
i, ii, iii, iv
ii, iv
Correct Answer:
i, ii, iii, iv
Explanation:
Economic agents can be consumers who decide what and how much to consume. They may be producers of goods and services who decide what and how much to produce. They may be entities like the government, corporation or banks which also take different economic decisions.