The following are economic agents in any economy EXCEPT

Assessment: JAMB UTME - Economics - 2023 Subject: Economics

Question 1 Report

The following are economic agents in any economy EXCEPT
Answer Details
Economic agents are entities that make economic decisions. They include households, firms, and the government. The Central Bank, while an important institution, is not considered an economic agent as it does not make decisions about what, how, and for whom to produce. It is responsible for monetary policy and regulating the financial system.
Read lesson note on Theory Of Consumer Behaviour (WAEC)
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