The following are economic agents in any economy EXCEPT
ECONOMICS
JAMB 2023
The following are economic agents in any economy EXCEPT
- A. Central Bank
- B. House hold
- C. Firm
- D. Government
Correct Answer: A. Central Bank
Explanation
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.
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