Individuals or institutions that take ec

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:

Individuals or institutions that take economic decisions are known as................

Options:

Consumers.

Producers.

Government.

Economic Agents.

Correct Answer:

Economic Agents.

Explanation:

The correct answer is Option (4) → Economic Agents.

Economic agents or units Economic units or economic agents are those individuals or institutions which take economic decisions.