Which of the Four Types of Economic Decision Makers Is

question 52

Multiple Choice

Which of the four types of economic decision makers is most important?

• A)firms, because they produce all goods and services in the economy
• B)households, because they demand goods and services and supply resources
• C)government, because it ultimately sets and enforces the "rules of the game"
• D)government, because it steps in when there is market failure
• E)the rest of the world, because there are over 150 countries

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Definitions:

Fatigued

A state of physical or mental exhaustion.

Dark Mood

A state of feeling sad, pessimistic, or gloomy, which can affect one's emotional and psychological well-being.

Participate

To take part or become involved in an activity or event.

Concentrating

The act of focusing one's attention or mental effort on a specific task or subject.