Which of the Following Institutions Form the Private Sector in an Economy

question 50

Multiple Choice

Which of the following institutions form the private sector in an economy?

• A)Only households
• B)Households and the government
• C)Households, businesses, and foreign firms
• D)Households and businesses only
• E)Foreign investors and foreign governments

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Definitions:

Epithelial Tissue

A type of tissue that lines the outer surfaces of organs and blood vessels, as well as the inner surfaces of cavities in many internal organs.

Hormones

Chemical messengers produced by glands in the body that regulate physiological activities and behavioral responses.

Gases

Substances that exist in a state that has no fixed shape and adapts to the volume of its container, characterized by low density and viscosity.

Adipose Tissue

A type of body tissue containing stored fat that serves as a source of energy, insulation, and cushioning.