Which of the following factors are related to the economic environment? |
Balance of Payments and Budgets Life expectancy and expectations from the workforce Legislations passed by the government and regulations laid down by government authorities. Technological developments and innovations |
Balance of Payments and Budgets |
The correct answer is Option (1) → Balance of Payments and Budgets Economic environment includes all those factors that influence a country's economic system and business activities, such as Balance of Payments, national income, budgets, inflation rate, interest rate, and fiscal policies. The other options relate to:
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