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Identify the economic agents from the following.

(A) Consumers.

(B) Institutions like banks or corporations.

(C) Producer.

(D) Government.

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 3

Option 3: (A), (B), (C) and (D) -> Economic agents are individuals, groups, or entities that make economic decisions and participate in economic activities. All four options listed are economic agents: Consumers make purchasing decisions; Institutions like banks and corporations engage in financial and business activities; Producers make production and supply decisions; and Government formulates economic policies, collects taxes, and provides public goods. Therefore, all options (A), (B), (C), and (D) are economic agents. -> correct

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