Which of the following statements is true?
A) All economic agents are necessarily individuals.
B) A worker who shirks work is not an economic agent.
C) A government is an example of an economic agent.
D) A street gang is not an economic agent.

Question

Quizplus · Accepted Answer

Economic agents can include individuals, businesses, organizations, or governments, all of which can make decisions that affect the economy. Therefore, a government, which makes economic decisions regarding taxation, spending, and regulation, is indeed an example of an economic agent.

Which of the Following Statements Is True